Call reports 2019
FARMERS STATE BANK OF UNDERWOOD — 2019
What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 70,264,000 | 72,730,000 | 72,012,000 | 73,006,000 |
| Total loans | 51,326,000 | 52,311,000 | 52,284,000 | 53,872,000 |
| Allowance for loan losses | 700,000 | 720,000 | 761,000 | 788,000 |
| Securities available for sale | 4,965,000 | 5,081,000 | 4,925,000 | 4,764,000 |
| Securities held to maturity | 121,000 | 119,000 | 119,000 | 119,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,987,000 | 64,335,000 | 63,404,000 | 63,773,000 |
| Interest-bearing deposits | 49,902,000 | 50,757,000 | 49,655,000 | 48,909,000 |
| Noninterest-bearing deposits | 12,085,000 | 13,578,000 | 13,749,000 | 14,864,000 |
| Equity capital | 6,514,000 | 6,667,000 | 6,801,000 | 7,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 975,000 | 1,939,000 | 2,944,000 | 3,944,000 |
| Interest expense | 151,000 | 315,000 | 489,000 | 673,000 |
| Net interest income | 824,000 | 1,624,000 | 2,455,000 | 3,271,000 |
| Noninterest income | 77,000 | 172,000 | 260,000 | 365,000 |
| Noninterest expense | 528,000 | 1,100,000 | 1,701,000 | 2,248,000 |
| Provision for loan losses | 20,000 | 40,000 | 80,000 | 110,000 |
| Pretax income | 353,000 | 656,000 | 934,000 | 1,278,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 353,000 | 656,000 | 934,000 | 1,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,509,000 | 6,617,000 | 6,755,000 | 7,100,000 |
| Total capital | 7,159,000 | 7,281,000 | 7,422,000 | 7,778,000 |
| Risk-weighted assets | 51,929,000 | 53,067,000 | 53,253,000 | 54,165,000 |