Call reports 2014
FARMERS STATE BANK OF UNDERWOOD — 2014
What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 53,829,000 | 57,136,000 | 57,949,000 | 58,122,000 |
| Total loans | 39,844,000 | 41,717,000 | 43,988,000 | 44,437,000 |
| Allowance for loan losses | 461,000 | 483,000 | 482,000 | 505,000 |
| Securities available for sale | 5,494,000 | 6,220,000 | 6,317,000 | 5,959,000 |
| Securities held to maturity | 124,000 | 124,000 | 124,000 | 123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,018,000 | 52,214,000 | 51,418,000 | 52,208,000 |
| Interest-bearing deposits | 39,756,000 | 42,655,000 | 41,422,000 | 42,069,000 |
| Noninterest-bearing deposits | 9,262,000 | 9,559,000 | 9,996,000 | 10,139,000 |
| Equity capital | 4,727,000 | 4,807,000 | 4,987,000 | 5,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 615,000 | 1,273,000 | 1,981,000 | 2,683,000 |
| Interest expense | 70,000 | 143,000 | 215,000 | 290,000 |
| Net interest income | 545,000 | 1,130,000 | 1,766,000 | 2,393,000 |
| Noninterest income | 74,000 | 157,000 | 250,000 | 373,000 |
| Noninterest expense | 381,000 | 781,000 | 1,216,000 | 1,670,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 100,000 |
| Pretax income | 238,000 | 481,000 | 775,000 | 997,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 238,000 | 481,000 | 775,000 | 997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,758,000 | 4,786,000 | 4,971,000 | 5,086,000 |
| Total capital | 5,219,000 | 5,269,000 | 5,453,000 | 5,591,000 |
| Risk-weighted assets | 40,318,000 | 42,486,000 | 44,082,000 | 44,731,000 |