Call reports 2023
FARMERS BANK, THE — 2023
What FARMERS BANK, THE 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 | 76,644,000 | 77,777,000 | 78,643,000 | 80,082,000 |
| Total loans | 62,230,000 | 63,996,000 | 60,900,000 | 62,084,000 |
| Allowance for loan losses | 1,329,000 | 1,066,000 | 1,080,000 | 1,082,000 |
| Securities available for sale | 4,189,000 | 4,496,000 | 5,293,000 | 5,287,000 |
| Securities held to maturity | 1,943,000 | 1,942,000 | 1,940,000 | 1,938,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,662,000 | 68,713,000 | 69,495,000 | 69,964,000 |
| Interest-bearing deposits | 45,178,000 | 44,246,000 | 42,530,000 | 42,788,000 |
| Noninterest-bearing deposits | 22,485,000 | 24,467,000 | 26,965,000 | 27,176,000 |
| Equity capital | 8,762,000 | 8,878,000 | 8,984,000 | 9,201,000 |
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 | 1,049,000 | 2,212,000 | 3,395,000 | 4,622,000 |
| Interest expense | 311,000 | 650,000 | 1,014,000 | 1,382,000 |
| Net interest income | 738,000 | 1,562,000 | 2,381,000 | 3,240,000 |
| Noninterest income | 45,000 | 92,000 | 136,000 | 175,000 |
| Noninterest expense | 676,000 | 1,353,000 | 2,004,000 | 2,730,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 107,000 | 301,000 | 513,000 | 685,000 |
| Income tax | 29,000 | 81,000 | 139,000 | 185,000 |
| Net income | 78,000 | 220,000 | 374,000 | 500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,200,000 | 9,344,000 | 9,497,000 | 9,621,000 |