Call reports 2023

FARMERS STATE BANK OF UNDERWOOD — 2023

Name: FARMERS STATE BANK OF UNDERWOOD — FFIEC call report 2023
Creator: FARMERS STATE BANK OF UNDERWOOD

What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/03a6d4d8-8e31-4fca-9d94-5463d1d36b1f/2023

Balance sheet

What the bank holds and owes at quarter end

Measure	2023Q1	2023Q2	2023Q3	2023Q4
Total assets	103,765,000	100,426,000	102,788,000	106,127,000
Total loans	70,037,000	72,615,000	73,869,000	76,753,000
Allowance for loan losses	948,000	983,000	984,000	1,012,000
Securities available for sale	17,814,000	17,479,000	16,978,000	17,445,000
Securities held to maturity	116,000	114,000	114,000	114,000
Trading assets	0	0	0	0
Total deposits	94,315,000	89,472,000	90,766,000	91,657,000
Interest-bearing deposits	69,104,000	66,381,000	65,934,000	68,176,000
Noninterest-bearing deposits	25,211,000	23,091,000	24,832,000	23,481,000
Equity capital	5,771,000	5,804,000	5,795,000	6,515,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2023Q1	2023Q2	2023Q3	2023Q4
Interest income	1,193,000	2,447,000	3,821,000	5,285,000
Interest expense	197,000	459,000	770,000	1,250,000
Net interest income	996,000	1,988,000	3,051,000	4,035,000
Noninterest income	72,000	158,000	234,000	360,000
Noninterest expense	780,000	1,549,000	2,354,000	3,259,000
Provision for loan losses	0	35,000	35,000	70,000
Pretax income	288,000	562,000	896,000	1,066,000
Income tax	0	36,000	60,000	86,000
Net income	288,000	526,000	836,000	980,000

Basel measures — not reported for every quarter

Measure	2023Q1	2023Q2	2023Q3	2023Q4
Tier 1 capital	7,762,000	7,900,000	8,159,000	8,205,000
Total capital	8,636,000	8,802,000	9,076,000	9,149,000
Risk-weighted assets	69,923,000	72,156,000	73,348,000	75,509,000