Call reports 2023
FARMERS STATE BANK OF EMDEN — 2023
What FARMERS STATE BANK OF EMDEN reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 42,354,000 | 41,830,000 | 41,009,000 | 38,793,000 |
| Total loans | 11,158,000 | 10,486,000 | 10,621,000 | 13,001,000 |
| Allowance for loan losses | 43,000 | 47,000 | 47,000 | 47,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 23,457,000 | 22,954,000 | 22,830,000 | 22,525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,072,000 | 31,422,000 | 30,436,000 | 28,228,000 |
| Interest-bearing deposits | 26,061,000 | 5,165,000 | 26,483,000 | 22,981,000 |
| Noninterest-bearing deposits | 6,011,000 | 26,257,000 | 3,953,000 | 5,247,000 |
| Equity capital | 10,132,000 | 10,235,000 | 10,352,000 | 10,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 340,000 | 671,000 | 1,026,000 | 1,374,000 |
| Interest expense | 24,000 | 57,000 | 96,000 | 141,000 |
| Net interest income | 316,000 | 614,000 | 930,000 | 1,233,000 |
| Noninterest income | 2,000 | 5,000 | 12,000 | 16,000 |
| Noninterest expense | 143,000 | 310,000 | 488,000 | 644,000 |
| Provision for loan losses | 0 | 11,000 | 19,000 | 20,000 |
| Pretax income | 175,000 | 298,000 | 435,000 | 585,000 |
| Income tax | 30,000 | 50,000 | 70,000 | 97,000 |
| Net income | 145,000 | 248,000 | 365,000 | 488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,132,000 | 10,235,000 | 10,352,000 | 10,377,000 |
| Total capital | 10,175,000 | 10,282,000 | 10,399,000 | 10,424,000 |
| Risk-weighted assets | 19,391,000 | 18,747,000 | 18,709,000 | 18,381,000 |