Call reports 2003
FARMERS EXCHANGE BANK — 2003
What FARMERS EXCHANGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 82,868,000 | 100,758,000 | 100,053,000 | 103,698,000 |
| Total loans | 61,049,000 | 64,005,000 | 65,852,000 | 72,885,000 |
| Allowance for loan losses | 1,236,000 | 1,192,000 | 1,286,000 | 1,318,000 |
| Securities available for sale | 10,818,000 | 17,690,000 | 22,469,000 | 21,473,000 |
| Securities held to maturity | 1,203,000 | 1,053,000 | 917,000 | 791,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,005,000 | 88,929,000 | 88,363,000 | 89,724,000 |
| Interest-bearing deposits | 58,688,000 | 73,274,000 | 72,651,000 | 72,370,000 |
| Noninterest-bearing deposits | 12,317,000 | 15,655,000 | 15,712,000 | 17,354,000 |
| Equity capital | 7,647,000 | 7,674,000 | 7,567,000 | 7,693,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,196,000 | 2,417,000 | 3,752,000 | 5,157,000 |
| Interest expense | 333,000 | 672,000 | 1,024,000 | 1,359,000 |
| Net interest income | 863,000 | 1,745,000 | 2,728,000 | 3,798,000 |
| Noninterest income | 213,000 | 448,000 | 701,000 | 1,081,000 |
| Noninterest expense | 610,000 | 1,260,000 | 2,056,000 | 3,168,000 |
| Provision for loan losses | 45,000 | 90,000 | 195,000 | 285,000 |
| Pretax income | 421,000 | 843,000 | 1,178,000 | 1,460,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 421,000 | 843,000 | 1,178,000 | 1,460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,320,000 | 6,412,000 | 6,031,000 | 6,180,000 |
| Total capital | 7,331,000 | 7,511,000 | 7,153,000 | 7,374,000 |
| Risk-weighted assets | 57,403,000 | 63,508,000 | 64,480,000 | 70,617,000 |