Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 372,562,000 | 367,357,000 | 367,210,000 | 362,835,000 |
| Total loans | 287,894,000 | 291,113,000 | 291,908,000 | 291,803,000 |
| Allowance for loan losses | 1,746,000 | 1,755,000 | 1,766,000 | 1,781,000 |
| Securities available for sale | 42,762,000 | 41,905,000 | 44,901,000 | 41,473,000 |
| Securities held to maturity | 8,060,000 | 7,889,000 | 7,882,000 | 7,778,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 333,855,000 | 328,008,000 | 325,489,000 | 328,809,000 |
| Interest-bearing deposits | 267,195,000 | 261,811,000 | 258,648,000 | 266,444,000 |
| Noninterest-bearing deposits | 66,660,000 | 66,197,000 | 66,841,000 | 62,365,000 |
| Equity capital | 26,097,000 | 26,555,000 | 28,775,000 | 27,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,364,000 | 8,637,000 | 12,972,000 | 17,353,000 |
| Interest expense | 1,291,000 | 2,478,000 | 3,721,000 | 4,982,000 |
| Net interest income | 3,073,000 | 6,159,000 | 9,251,000 | 12,371,000 |
| Noninterest income | 334,000 | 719,000 | 1,089,000 | 1,474,000 |
| Noninterest expense | 2,434,000 | 4,808,000 | 7,243,000 | 9,884,000 |
| Provision for loan losses | 21,000 | 43,000 | 65,000 | 86,000 |
| Pretax income | 952,000 | 2,022,000 | 3,027,000 | 3,870,000 |
| Income tax | 208,000 | 445,000 | 665,000 | 848,000 |
| Net income | 744,000 | 1,577,000 | 2,362,000 | 3,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,481,000 | 31,805,000 | 32,440,000 | 32,550,000 |
| Total capital | 33,352,000 | 33,691,000 | 34,336,000 | 34,462,000 |
| Risk-weighted assets | 248,616,000 | 249,440,000 | 249,418,000 | 252,193,000 |