Call reports 2024
FARMERS STATE BANK OF EMDEN — 2024
What FARMERS STATE BANK OF EMDEN 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 | 37,479,000 | 37,567,000 | 36,829,000 | 37,023,000 |
| Total loans | 13,081,000 | 11,700,000 | 11,315,000 | 12,999,000 |
| Allowance for loan losses | 47,000 | 58,000 | 51,000 | 73,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 22,014,000 | 22,006,000 | 21,984,000 | 20,913,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,740,000 | 26,846,000 | 25,979,000 | 26,271,000 |
| Interest-bearing deposits | 22,458,000 | 22,708,000 | 21,947,000 | 21,691,000 |
| Noninterest-bearing deposits | 4,282,000 | 4,138,000 | 4,032,000 | 4,580,000 |
| Equity capital | 10,494,000 | 10,569,000 | 10,674,000 | 10,630,000 |
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 | 354,000 | 688,000 | 1,036,000 | 1,381,000 |
| Interest expense | 48,000 | 97,000 | 149,000 | 201,000 |
| Net interest income | 306,000 | 591,000 | 887,000 | 1,180,000 |
| Noninterest income | 3,000 | 5,000 | 14,000 | 19,000 |
| Noninterest expense | 154,000 | 338,000 | 508,000 | 723,000 |
| Provision for loan losses | 0 | 11,000 | 15,000 | 40,000 |
| Pretax income | 155,000 | 247,000 | 378,000 | 436,000 |
| Income tax | 38,000 | 55,000 | 81,000 | 85,000 |
| Net income | 117,000 | 192,000 | 297,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,494,000 | 10,569,000 | 10,674,000 | 10,630,000 |
| Total capital | 10,541,000 | 10,627,000 | 10,725,000 | 10,703,000 |
| Risk-weighted assets | 21,174,000 | 18,911,000 | 18,581,000 | 18,030,000 |