Call reports 2004
FARMERS EXCHANGE BANK — 2004
What FARMERS EXCHANGE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 100,488,000 | 100,718,000 | 106,414,000 | 105,250,000 |
| Total loans | 69,903,000 | 69,158,000 | 74,803,000 | 81,586,000 |
| Allowance for loan losses | 1,435,000 | 1,304,000 | 1,235,000 | 1,309,000 |
| Securities available for sale | 22,197,000 | 22,122,000 | 21,839,000 | 15,310,000 |
| Securities held to maturity | 791,000 | 540,000 | 275,000 | 275,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,091,000 | 84,689,000 | 84,848,000 | 84,952,000 |
| Interest-bearing deposits | 70,515,000 | 67,225,000 | 66,526,000 | 68,148,000 |
| Noninterest-bearing deposits | 16,576,000 | 17,464,000 | 18,322,000 | 16,804,000 |
| Equity capital | 7,871,000 | 7,373,000 | 8,281,000 | 8,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,405,000 | 2,753,000 | 4,178,000 | 5,704,000 |
| Interest expense | 308,000 | 606,000 | 918,000 | 1,256,000 |
| Net interest income | 1,097,000 | 2,147,000 | 3,260,000 | 4,448,000 |
| Noninterest income | 284,000 | 545,000 | 812,000 | 1,130,000 |
| Noninterest expense | 751,000 | 1,493,000 | 2,246,000 | 3,329,000 |
| Provision for loan losses | 105,000 | 228,000 | 351,000 | 474,000 |
| Pretax income | 525,000 | 972,000 | 1,474,000 | 1,780,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 525,000 | 972,000 | 1,474,000 | 1,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,094,000 | 6,294,000 | 6,680,000 | 6,870,000 |
| Total capital | 7,261,000 | 7,464,000 | 7,924,000 | 8,213,000 |
| Risk-weighted assets | 66,989,000 | 68,180,000 | 72,433,000 | 76,628,000 |