Call reports 2008
FARMINGTON BANK — 2008
What FARMINGTON BANK 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 | 1,009,165,000 | 1,032,292,000 | 1,077,557,000 | 1,094,550,000 |
| Total loans | 722,407,000 | 768,141,000 | 816,789,000 | 842,079,000 |
| Allowance for loan losses | 7,871,000 | 8,006,000 | 8,102,000 | 9,952,000 |
| Securities available for sale | 211,547,000 | 196,854,000 | 188,817,000 | 191,765,000 |
| Securities held to maturity | 12,000 | 12,000 | 12,000 | 3,011,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 839,669,000 | 817,932,000 | 804,031,000 | 816,071,000 |
| Interest-bearing deposits | 813,594,000 | 784,097,000 | 769,758,000 | 784,968,000 |
| Noninterest-bearing deposits | 26,075,000 | 33,835,000 | 34,273,000 | 31,103,000 |
| Equity capital | 91,003,000 | 90,359,000 | 91,485,000 | 90,563,000 |
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 | 13,445,000 | 27,571,000 | 42,203,000 | 56,813,000 |
| Interest expense | 6,146,000 | 11,758,000 | 17,176,000 | 22,605,000 |
| Net interest income | 7,299,000 | 15,813,000 | 25,027,000 | 34,208,000 |
| Noninterest income | 919,000 | 1,960,000 | 3,574,000 | 4,485,000 |
| Noninterest expense | 7,351,000 | 14,230,000 | 21,726,000 | 28,811,000 |
| Provision for loan losses | -225,000 | -92,000 | 47,000 | 2,117,000 |
| Pretax income | 1,092,000 | 3,635,000 | 4,607,000 | 2,559,000 |
| Income tax | 371,000 | 1,236,000 | 1,567,000 | 613,000 |
| Net income | 721,000 | 2,399,000 | 3,040,000 | 1,946,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,311,000 | 91,874,000 | 91,821,000 | 90,406,000 |
| Total capital | 98,781,000 | 100,495,000 | 100,700,000 | 100,445,000 |
| Risk-weighted assets | 736,419,000 | 723,698,000 | 770,082,000 | 802,965,000 |