Call reports 2003
FARMINGTON BANK — 2003
What FARMINGTON BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 643,413,000 | 661,614,000 | 683,558,000 | 668,584,000 |
| Total loans | 377,175,000 | 375,702,000 | 392,564,000 | 392,511,000 |
| Allowance for loan losses | 8,071,000 | 8,989,000 | 8,848,000 | 6,584,000 |
| Securities available for sale | 169,468,000 | 190,183,000 | 189,914,000 | 216,120,000 |
| Securities held to maturity | 6,897,000 | 6,388,000 | 6,059,000 | 5,782,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 559,382,000 | 568,938,000 | 574,097,000 | 559,161,000 |
| Interest-bearing deposits | 531,712,000 | 539,729,000 | 543,256,000 | 532,722,000 |
| Noninterest-bearing deposits | 27,670,000 | 29,209,000 | 30,841,000 | 26,439,000 |
| Equity capital | 61,021,000 | 62,239,000 | 62,718,000 | 63,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 8,466,000 | 16,607,000 | 24,725,000 | 32,731,000 |
| Interest expense | 2,354,000 | 4,500,000 | 6,475,000 | 8,258,000 |
| Net interest income | 6,112,000 | 12,107,000 | 18,250,000 | 24,473,000 |
| Noninterest income | 641,000 | 1,453,000 | 2,126,000 | 2,532,000 |
| Noninterest expense | 4,283,000 | 8,662,000 | 13,265,000 | 17,677,000 |
| Provision for loan losses | 600,000 | 1,500,000 | 2,250,000 | 2,546,000 |
| Pretax income | 1,870,000 | 3,398,000 | 4,913,000 | 6,895,000 |
| Income tax | 643,000 | 1,165,000 | 1,680,000 | 2,215,000 |
| Net income | 1,227,000 | 2,233,000 | 3,233,000 | 4,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,764,000 | 54,701,000 | 55,410,000 | 56,433,000 |
| Total capital | 59,030,000 | 60,093,000 | 60,955,000 | 62,051,000 |
| Risk-weighted assets | 418,459,000 | 419,848,000 | 432,637,000 | 438,974,000 |