Call reports 2018
FARMERS STATE BANK OF UNDERWOOD — 2018
What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 65,811,000 | 66,975,000 | 69,892,000 | 71,498,000 |
| Total loans | 49,877,000 | 51,580,000 | 53,418,000 | 52,199,000 |
| Allowance for loan losses | 636,000 | 642,000 | 673,000 | 713,000 |
| Securities available for sale | 4,689,000 | 4,308,000 | 4,453,000 | 4,399,000 |
| Securities held to maturity | 120,000 | 120,000 | 120,000 | 120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,087,000 | 60,146,000 | 62,482,000 | 64,053,000 |
| Interest-bearing deposits | 47,273,000 | 47,872,000 | 49,640,000 | 50,692,000 |
| Noninterest-bearing deposits | 11,814,000 | 12,274,000 | 12,842,000 | 13,361,000 |
| Equity capital | 5,948,000 | 5,941,000 | 6,101,000 | 6,474,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 792,000 | 1,637,000 | 2,526,000 | 3,442,000 |
| Interest expense | 93,000 | 203,000 | 318,000 | 455,000 |
| Net interest income | 699,000 | 1,434,000 | 2,208,000 | 2,987,000 |
| Noninterest income | 97,000 | 163,000 | 289,000 | 406,000 |
| Noninterest expense | 549,000 | 1,115,000 | 1,693,000 | 2,219,000 |
| Provision for loan losses | 0 | 15,000 | 45,000 | 90,000 |
| Pretax income | 247,000 | 467,000 | 759,000 | 1,084,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 247,000 | 467,000 | 759,000 | 1,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,040,000 | 6,038,000 | 6,225,000 | 6,550,000 |
| Total capital | 6,676,000 | 6,680,000 | 6,890,000 | 7,208,000 |
| Risk-weighted assets | 52,450,000 | 51,412,000 | 53,155,000 | 52,595,000 |