Call reports 2008
FARMERS STATE BANK & TRUST CO. — 2008
What FARMERS STATE BANK & TRUST CO. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 56,436,000 | 65,670,000 | 59,711,000 | 60,879,000 |
| Total loans | 39,380,000 | 41,546,000 | 41,067,000 | 43,999,000 |
| Allowance for loan losses | 292,000 | 295,000 | 297,000 | 317,000 |
| Securities available for sale | 7,845,000 | 6,859,000 | 8,068,000 | 9,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,909,000 | 53,020,000 | 52,978,000 | 53,689,000 |
| Interest-bearing deposits | 43,397,000 | 45,214,000 | 45,689,000 | 45,356,000 |
| Noninterest-bearing deposits | 6,512,000 | 7,806,000 | 7,289,000 | 8,333,000 |
| Equity capital | 4,733,000 | 4,772,000 | 4,920,000 | 5,195,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 906,000 | 1,794,000 | 2,676,000 | 3,569,000 |
| Interest expense | 396,000 | 782,000 | 1,152,000 | 1,493,000 |
| Net interest income | 510,000 | 1,012,000 | 1,524,000 | 2,076,000 |
| Noninterest income | 96,000 | 160,000 | 234,000 | 346,000 |
| Noninterest expense | 409,000 | 797,000 | 1,176,000 | 1,587,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 197,000 | 375,000 | 582,000 | 835,000 |
| Income tax | 60,000 | 116,000 | 183,000 | 260,000 |
| Net income | 137,000 | 259,000 | 399,000 | 575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,589,000 | 4,712,000 | 4,852,000 | 4,983,000 |
| Total capital | 4,881,000 | 5,007,000 | 5,149,000 | 5,300,000 |
| Risk-weighted assets | 40,335,000 | 43,804,000 | 44,650,000 | 46,984,000 |