Call reports 2009
FARMERS BANK OF LYNCHBURG, THE — 2009
What FARMERS BANK OF LYNCHBURG, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 55,808,000 | 56,122,000 | 174,874,000 | 225,276,000 |
| Total loans | 38,632,000 | 39,605,000 | 115,130,000 | 146,547,000 |
| Allowance for loan losses | 912,000 | 858,000 | 1,577,000 | 4,164,000 |
| Securities available for sale | 8,094,000 | 6,046,000 | 12,691,000 | 18,687,000 |
| Securities held to maturity | 21,000 | 20,000 | 20,000 | 19,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,934,000 | 48,350,000 | 151,028,000 | 197,729,000 |
| Interest-bearing deposits | 39,274,000 | 39,741,000 | 131,078,000 | 168,600,000 |
| Noninterest-bearing deposits | 8,660,000 | 8,609,000 | 19,950,000 | 29,129,000 |
| Equity capital | 7,468,000 | 7,398,000 | 22,680,000 | 26,532,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 757,000 | 1,503,000 | 0 | 2,275,000 |
| Interest expense | 215,000 | 415,000 | 0 | 897,000 |
| Net interest income | 542,000 | 1,088,000 | 0 | 1,378,000 |
| Noninterest income | 36,000 | -32,000 | 0 | 182,000 |
| Noninterest expense | 441,000 | 899,000 | 0 | 2,028,000 |
| Provision for loan losses | 0 | 0 | 0 | 2,614,000 |
| Pretax income | 137,000 | 157,000 | 0 | -3,082,000 |
| Income tax | 45,000 | 43,000 | 0 | -1,156,000 |
| Net income | 92,000 | 114,000 | 0 | -1,926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,403,000 | 7,374,000 | 13,863,000 | 12,663,000 |
| Total capital | 7,903,000 | 7,886,000 | 15,432,000 | 14,616,000 |
| Risk-weighted assets | 39,598,000 | 40,604,000 | 125,510,000 | 154,006,000 |