Call reports 2010
FARMERS BANK OF LYNCHBURG, THE — 2010
What FARMERS BANK OF LYNCHBURG, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 217,909,000 | 210,751,000 | 208,224,000 | 202,144,000 |
| Total loans | 143,880,000 | 140,240,000 | 138,204,000 | 131,795,000 |
| Allowance for loan losses | 2,839,000 | 3,125,000 | 2,751,000 | 5,481,000 |
| Securities available for sale | 15,812,000 | 10,425,000 | 10,195,000 | 9,994,000 |
| Securities held to maturity | 18,000 | 18,000 | 15,000 | 15,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,517,000 | 182,285,000 | 179,971,000 | 180,001,000 |
| Interest-bearing deposits | 162,799,000 | 157,537,000 | 157,251,000 | 156,882,000 |
| Noninterest-bearing deposits | 25,718,000 | 24,748,000 | 22,720,000 | 23,119,000 |
| Equity capital | 28,164,000 | 27,558,000 | 27,394,000 | 21,318,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,374,000 | 4,732,000 | 6,965,000 | 9,042,000 |
| Interest expense | 774,000 | 1,512,000 | 2,208,000 | 2,837,000 |
| Net interest income | 1,600,000 | 3,220,000 | 4,757,000 | 6,205,000 |
| Noninterest income | 616,000 | 905,000 | 944,000 | 535,000 |
| Noninterest expense | 1,944,000 | 4,075,000 | 5,657,000 | 10,536,000 |
| Provision for loan losses | 75,000 | 784,000 | 1,096,000 | 5,191,000 |
| Pretax income | 197,000 | -635,000 | -953,000 | -8,888,000 |
| Income tax | 76,000 | -241,000 | -368,000 | -2,268,000 |
| Net income | 121,000 | -394,000 | -585,000 | -6,620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,602,000 | 13,695,000 | 13,753,000 | 8,859,000 |
| Total capital | 16,516,000 | 15,542,000 | 15,578,000 | 10,634,000 |
| Risk-weighted assets | 153,457,000 | 147,059,000 | 145,598,000 | 138,813,000 |