Call reports 2007
FARMERS EXCHANGE BANK — 2007
What FARMERS EXCHANGE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 108,887,000 | 106,149,000 | 105,456,000 | 104,164,000 |
| Total loans | 75,293,000 | 72,341,000 | 73,017,000 | 71,677,000 |
| Allowance for loan losses | 1,667,000 | 1,600,000 | 1,595,000 | 2,002,000 |
| Securities available for sale | 21,030,000 | 20,791,000 | 20,339,000 | 21,467,000 |
| Securities held to maturity | 165,000 | 165,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,289,000 | 84,796,000 | 90,689,000 | 88,224,000 |
| Interest-bearing deposits | 72,598,000 | 67,654,000 | 71,536,000 | 68,550,000 |
| Noninterest-bearing deposits | 17,691,000 | 17,142,000 | 19,153,000 | 19,674,000 |
| Equity capital | 8,743,000 | 9,051,000 | 9,478,000 | 8,742,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,923,000 | 3,861,000 | 5,769,000 | 7,465,000 |
| Interest expense | 703,000 | 1,440,000 | 2,204,000 | 2,872,000 |
| Net interest income | 1,220,000 | 2,421,000 | 3,565,000 | 4,593,000 |
| Noninterest income | 232,000 | 454,000 | 679,000 | 914,000 |
| Noninterest expense | 827,000 | 1,696,000 | 2,554,000 | 3,373,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 1,545,000 |
| Pretax income | 400,000 | 729,000 | 1,015,000 | 589,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 400,000 | 729,000 | 1,015,000 | 589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,531,000 | 7,874,000 | 8,174,000 | 7,762,000 |
| Total capital | 8,818,000 | 9,254,000 | 9,493,000 | 8,861,000 |
| Risk-weighted assets | 78,547,000 | 76,286,000 | 76,901,000 | 74,785,000 |