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 | 47,835,000 | 49,285,000 | 54,804,000 | 54,489,000 |
| Total loans | 18,955,000 | 26,246,000 | 33,204,000 | 34,501,000 |
| Allowance for loan losses | 259,000 | 403,000 | 490,000 | 463,000 |
| Securities available for sale | 8,475,000 | 7,913,000 | 12,474,000 | 12,505,000 |
| Securities held to maturity | 1,939,000 | 1,933,000 | 1,927,000 | 1,921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,405,000 | 43,066,000 | 43,846,000 | 43,841,000 |
| Interest-bearing deposits | 29,244,000 | 30,371,000 | 31,026,000 | 30,904,000 |
| Noninterest-bearing deposits | 12,161,000 | 12,695,000 | 12,820,000 | 12,937,000 |
| Equity capital | 6,124,000 | 5,903,000 | 5,822,000 | 6,010,000 |
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 | 508,000 | 1,123,000 | 1,842,000 | 2,686,000 |
| Interest expense | 88,000 | 215,000 | 403,000 | 694,000 |
| Net interest income | 420,000 | 908,000 | 1,439,000 | 1,992,000 |
| Noninterest income | 31,000 | 61,000 | 84,000 | 113,000 |
| Noninterest expense | 416,000 | 917,000 | 1,417,000 | 1,908,000 |
| Provision for loan losses | 0 | 146,000 | 250,000 | 245,000 |
| Pretax income | 35,000 | -94,000 | -144,000 | -68,000 |
| Income tax | 3,000 | 16,000 | 25,000 | 18,000 |
| Net income | 32,000 | -110,000 | -169,000 | -86,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,135,000 | 5,992,000 | 5,934,000 | 6,017,000 |