Call reports 2008
FARMERS BANK, WINDSOR VA — 2008
What FARMERS BANK, WINDSOR VA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 314,175,000 | 339,164,000 | 344,804,000 | 375,339,000 |
| Total loans | 254,747,000 | 280,784,000 | 289,417,000 | 290,282,000 |
| Allowance for loan losses | 2,434,000 | 2,504,000 | 3,010,000 | 3,848,000 |
| Securities available for sale | 44,749,000 | 42,674,000 | 39,038,000 | 70,297,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,236,000 | 276,456,000 | 276,717,000 | 304,109,000 |
| Interest-bearing deposits | 236,402,000 | 238,148,000 | 243,261,000 | 267,007,000 |
| Noninterest-bearing deposits | 39,834,000 | 38,308,000 | 33,456,000 | 37,102,000 |
| Equity capital | 29,675,000 | 29,238,000 | 29,552,000 | 29,846,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,983,000 | 10,014,000 | 15,048,000 | 20,334,000 |
| Interest expense | 2,639,000 | 5,165,000 | 7,612,000 | 10,156,000 |
| Net interest income | 2,344,000 | 4,849,000 | 7,436,000 | 10,178,000 |
| Noninterest income | 186,000 | 503,000 | 770,000 | 1,049,000 |
| Noninterest expense | 1,948,000 | 4,070,000 | 5,754,000 | 7,453,000 |
| Provision for loan losses | 25,000 | 100,000 | 625,000 | 2,425,000 |
| Pretax income | 569,000 | 1,195,000 | 1,985,000 | 1,599,000 |
| Income tax | 209,000 | 463,000 | 852,000 | 493,000 |
| Net income | 360,000 | 732,000 | 1,133,000 | 1,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,111,000 | 29,184,000 | 29,582,000 | 29,289,000 |
| Total capital | 31,545,000 | 31,688,000 | 32,592,000 | 32,963,000 |
| Risk-weighted assets | 260,407,000 | 284,078,000 | 291,739,000 | 293,623,000 |