Call reports 2023
FARMERS BANK, THE — 2023
What FARMERS BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 877,061,000 | 852,931,000 | 836,318,000 | 840,680,000 |
| Total loans | 571,698,000 | 561,531,000 | 562,664,000 | 545,219,000 |
| Allowance for loan losses | 6,635,000 | 6,457,000 | 6,492,000 | 6,621,000 |
| Securities available for sale | 227,259,000 | 218,983,000 | 206,095,000 | 214,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 778,421,000 | 754,727,000 | 726,520,000 | 730,673,000 |
| Interest-bearing deposits | 559,786,000 | 534,421,000 | 513,067,000 | 530,258,000 |
| Noninterest-bearing deposits | 218,635,000 | 220,306,000 | 213,453,000 | 200,415,000 |
| Equity capital | 89,673,000 | 89,267,000 | 86,056,000 | 99,167,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 10,739,000 | 21,885,000 | 33,264,000 | 44,800,000 |
| Interest expense | 1,402,000 | 3,610,000 | 5,955,000 | 8,513,000 |
| Net interest income | 9,337,000 | 18,275,000 | 27,309,000 | 36,287,000 |
| Noninterest income | 1,404,000 | 2,975,000 | 5,248,000 | 6,690,000 |
| Noninterest expense | 5,802,000 | 11,723,000 | 17,944,000 | 23,720,000 |
| Provision for loan losses | 18,000 | 32,000 | 45,000 | 360,000 |
| Pretax income | 4,921,000 | 9,495,000 | 14,568,000 | 18,897,000 |
| Income tax | 1,145,000 | 2,209,000 | 3,404,000 | 4,386,000 |
| Net income | 3,776,000 | 7,286,000 | 11,164,000 | 14,511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,668,000 | 116,290,000 | 119,280,000 | 121,738,000 |
| Total capital | 120,808,000 | 123,252,000 | 126,277,000 | 128,864,000 |
| Risk-weighted assets | 679,274,000 | 671,822,000 | 673,214,000 | 643,966,000 |