Call reports 2024
FARMERS BANK, THE — 2024
What FARMERS BANK, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 827,361,000 | 846,394,000 | 867,197,000 | 885,733,000 |
| Total loans | 544,574,000 | 559,055,000 | 564,630,000 | 569,335,000 |
| Allowance for loan losses | 6,613,000 | 6,742,000 | 7,068,000 | 6,933,000 |
| Securities available for sale | 212,436,000 | 211,859,000 | 221,991,000 | 215,884,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 717,436,000 | 734,964,000 | 745,945,000 | 768,200,000 |
| Interest-bearing deposits | 514,633,000 | 531,577,000 | 542,430,000 | 566,181,000 |
| Noninterest-bearing deposits | 202,803,000 | 203,387,000 | 203,515,000 | 202,019,000 |
| Equity capital | 99,214,000 | 101,368,000 | 109,618,000 | 105,790,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 11,518,000 | 23,577,000 | 36,167,000 | 49,196,000 |
| Interest expense | 2,890,000 | 5,945,000 | 9,310,000 | 12,960,000 |
| Net interest income | 8,628,000 | 17,632,000 | 26,857,000 | 36,236,000 |
| Noninterest income | 1,360,000 | 2,822,000 | 5,341,000 | 6,937,000 |
| Noninterest expense | 5,876,000 | 12,026,000 | 18,173,000 | 24,473,000 |
| Provision for loan losses | 215,000 | 630,000 | 1,545,000 | 1,760,000 |
| Pretax income | 3,897,000 | 7,898,000 | 12,603,000 | 17,038,000 |
| Income tax | 883,000 | 1,804,000 | 2,905,000 | 3,924,000 |
| Net income | 3,014,000 | 6,094,000 | 9,698,000 | 13,114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 123,732,000 | 125,792,000 | 128,376,000 | 130,772,000 |
| Total capital | 130,850,000 | 132,939,000 | 135,849,000 | 138,110,000 |
| Risk-weighted assets | 643,703,000 | 653,630,000 | 661,677,000 | 671,047,000 |