Call reports 2024
FARMERS BANK — 2024
What FARMERS BANK 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 | 283,703,000 | 284,165,000 | 281,494,000 | 277,413,000 |
| Total loans | 158,314,000 | 157,534,000 | 156,509,000 | 156,019,000 |
| Allowance for loan losses | 1,256,000 | 1,255,000 | 1,295,000 | 1,279,000 |
| Securities available for sale | 79,699,000 | 79,466,000 | 81,896,000 | 78,210,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,398,000 | 248,467,000 | 243,245,000 | 241,010,000 |
| Interest-bearing deposits | 186,201,000 | 187,743,000 | 183,856,000 | 182,893,000 |
| Noninterest-bearing deposits | 63,197,000 | 60,724,000 | 59,389,000 | 58,117,000 |
| Equity capital | 33,286,000 | 34,581,000 | 37,216,000 | 35,429,000 |
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 | 3,100,000 | 6,323,000 | 9,595,000 | 12,879,000 |
| Interest expense | 989,000 | 2,058,000 | 3,170,000 | 4,222,000 |
| Net interest income | 2,111,000 | 4,265,000 | 6,425,000 | 8,657,000 |
| Noninterest income | 1,180,000 | 2,639,000 | 3,319,000 | 3,955,000 |
| Noninterest expense | 2,093,000 | 4,385,000 | 6,622,000 | 9,057,000 |
| Provision for loan losses | 10,000 | 10,000 | 64,000 | 64,000 |
| Pretax income | 1,188,000 | 2,509,000 | 3,058,000 | 3,491,000 |
| Income tax | 550,000 | 728,000 | 728,000 | 678,000 |
| Net income | 638,000 | 1,781,000 | 2,330,000 | 2,813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,638,000 | 43,781,000 | 44,330,000 | 44,813,000 |