Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE 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 | 349,361,000 | 360,159,000 | 362,267,000 | 384,880,000 |
| Total loans | 274,180,000 | 283,346,000 | 288,995,000 | 288,749,000 |
| Allowance for loan losses | 1,695,000 | 1,742,000 | 1,737,000 | 1,750,000 |
| Securities available for sale | 47,806,000 | 46,543,000 | 42,849,000 | 44,674,000 |
| Securities held to maturity | 7,697,000 | 7,665,000 | 7,660,000 | 7,655,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,764,000 | 310,977,000 | 306,265,000 | 325,699,000 |
| Interest-bearing deposits | 246,899,000 | 245,178,000 | 236,783,000 | 263,130,000 |
| Noninterest-bearing deposits | 64,865,000 | 65,799,000 | 69,482,000 | 62,569,000 |
| Equity capital | 24,376,000 | 24,665,000 | 23,140,000 | 26,333,000 |
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 | 3,546,000 | 7,261,000 | 11,136,000 | 15,197,000 |
| Interest expense | 499,000 | 1,217,000 | 2,146,000 | 3,313,000 |
| Net interest income | 3,047,000 | 6,044,000 | 8,990,000 | 11,884,000 |
| Noninterest income | 348,000 | 715,000 | 1,081,000 | 1,428,000 |
| Noninterest expense | 1,949,000 | 4,212,000 | 6,438,000 | 8,972,000 |
| Provision for loan losses | 26,000 | 64,000 | 66,000 | 88,000 |
| Pretax income | 1,420,000 | 2,483,000 | 3,514,000 | 4,184,000 |
| Income tax | 267,000 | 522,000 | 769,000 | 826,000 |
| Net income | 1,153,000 | 1,961,000 | 2,745,000 | 3,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,090,000 | 29,306,000 | 29,784,000 | 30,892,000 |
| Total capital | 30,843,000 | 31,105,000 | 31,632,000 | 32,768,000 |
| Risk-weighted assets | 240,066,000 | 249,833,000 | 252,995,000 | 251,553,000 |