Call reports 2022
FARMERS STATE BANK OF UNDERWOOD — 2022
What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 99,256,000 | 103,240,000 | 99,539,000 | 103,523,000 |
| Total loans | 69,662,000 | 71,748,000 | 71,163,000 | 74,355,000 |
| Allowance for loan losses | 906,000 | 921,000 | 936,000 | 948,000 |
| Securities available for sale | 19,240,000 | 18,357,000 | 17,806,000 | 17,953,000 |
| Securities held to maturity | 117,000 | 115,000 | 115,000 | 116,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,084,000 | 94,002,000 | 90,780,000 | 94,181,000 |
| Interest-bearing deposits | 64,544,000 | 66,734,000 | 63,550,000 | 66,794,000 |
| Noninterest-bearing deposits | 24,540,000 | 27,268,000 | 27,230,000 | 27,387,000 |
| Equity capital | 6,051,000 | 5,574,000 | 5,008,000 | 5,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,001,000 | 2,011,000 | 3,046,000 | 4,142,000 |
| Interest expense | 112,000 | 227,000 | 353,000 | 503,000 |
| Net interest income | 889,000 | 1,784,000 | 2,693,000 | 3,639,000 |
| Noninterest income | 90,000 | 163,000 | 260,000 | 360,000 |
| Noninterest expense | 748,000 | 1,551,000 | 2,346,000 | 3,094,000 |
| Provision for loan losses | 0 | 15,000 | 30,000 | 45,000 |
| Pretax income | 231,000 | 381,000 | 577,000 | 860,000 |
| Income tax | 0 | 31,000 | 49,000 | 94,000 |
| Net income | 231,000 | 350,000 | 528,000 | 766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,430,000 | 7,484,000 | 7,629,000 | 7,674,000 |
| Total capital | 8,288,000 | 8,372,000 | 8,505,000 | 8,580,000 |
| Risk-weighted assets | 68,602,000 | 71,033,000 | 70,091,000 | 72,440,000 |