Call reports 2023
FARMERS BANK — 2023
What FARMERS BANK 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 | 281,687,000 | 281,273,000 | 275,779,000 | 276,815,000 |
| Total loans | 158,302,000 | 158,387,000 | 159,530,000 | 159,582,000 |
| Allowance for loan losses | 1,437,000 | 1,218,000 | 1,207,000 | 1,267,000 |
| Securities available for sale | 83,405,000 | 81,838,000 | 78,369,000 | 80,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,794,000 | 247,739,000 | 243,451,000 | 241,838,000 |
| Interest-bearing deposits | 180,812,000 | 178,987,000 | 177,874,000 | 179,593,000 |
| Noninterest-bearing deposits | 67,982,000 | 68,752,000 | 65,577,000 | 62,245,000 |
| Equity capital | 31,946,000 | 32,466,000 | 31,353,000 | 34,025,000 |
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 | 2,745,000 | 5,577,000 | 8,477,000 | 11,487,000 |
| Interest expense | 638,000 | 1,353,000 | 2,151,000 | 3,055,000 |
| Net interest income | 2,107,000 | 4,224,000 | 6,326,000 | 8,432,000 |
| Noninterest income | 924,000 | 1,628,000 | 2,268,000 | 2,982,000 |
| Noninterest expense | 2,039,000 | 4,143,000 | 6,198,000 | 8,479,000 |
| Provision for loan losses | -189,000 | -397,000 | -397,000 | -321,000 |
| Pretax income | 1,181,000 | 2,106,000 | 2,793,000 | 3,256,000 |
| Income tax | 354,000 | 374,000 | 374,000 | 556,000 |
| Net income | 827,000 | 1,732,000 | 2,419,000 | 2,700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,377,000 | 42,282,000 | 42,969,000 | 43,250,000 |