Call reports 2024
FARMERS STATE BANK OF UNDERWOOD — 2024
What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 106,639,000 | 107,373,000 | 106,751,000 | 106,175,000 |
| Total loans | 77,269,000 | 79,445,000 | 78,052,000 | 77,811,000 |
| Allowance for loan losses | 1,012,000 | 1,028,000 | 1,023,000 | 1,034,000 |
| Securities available for sale | 17,202,000 | 17,046,000 | 17,075,000 | 15,414,000 |
| Securities held to maturity | 115,000 | 112,000 | 112,000 | 113,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,500,000 | 94,084,000 | 96,460,000 | 95,936,000 |
| Interest-bearing deposits | 73,170,000 | 74,463,000 | 74,511,000 | 76,754,000 |
| Noninterest-bearing deposits | 21,330,000 | 19,621,000 | 21,949,000 | 19,182,000 |
| Equity capital | 6,439,000 | 6,662,000 | 7,436,000 | 7,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,506,000 | 3,144,000 | 4,889,000 | 6,639,000 |
| Interest expense | 474,000 | 980,000 | 1,618,000 | 2,179,000 |
| Net interest income | 1,032,000 | 2,164,000 | 3,271,000 | 4,460,000 |
| Noninterest income | 74,000 | 149,000 | 235,000 | 345,000 |
| Noninterest expense | 834,000 | 1,656,000 | 2,481,000 | 3,345,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 30,000 |
| Pretax income | 272,000 | 642,000 | 1,010,000 | 1,430,000 |
| Income tax | 0 | 78,000 | 106,000 | 144,000 |
| Net income | 272,000 | 564,000 | 904,000 | 1,286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,177,000 | 8,348,000 | 8,629,000 | 8,805,000 |
| Total capital | 9,144,000 | 9,344,000 | 9,582,000 | 9,758,000 |
| Risk-weighted assets | 77,346,000 | 79,644,000 | 76,213,000 | 76,164,000 |