Call reports 2023
FARMERS STATE BANK & TRUST CO. — 2023
What FARMERS STATE BANK & TRUST CO. 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 | 115,850,000 | 113,779,000 | 116,617,000 | 120,795,000 |
| Total loans | 80,762,000 | 82,563,000 | 85,745,000 | 85,734,000 |
| Allowance for loan losses | 817,000 | 817,000 | 817,000 | 817,000 |
| Securities available for sale | 19,679,000 | 19,188,000 | 18,509,000 | 18,545,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,762,000 | 103,741,000 | 107,072,000 | 110,381,000 |
| Interest-bearing deposits | 84,304,000 | 83,863,000 | 87,061,000 | 89,455,000 |
| Noninterest-bearing deposits | 21,458,000 | 19,878,000 | 20,011,000 | 20,926,000 |
| Equity capital | 8,532,000 | 8,485,000 | 8,207,000 | 8,956,000 |
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 | 1,188,000 | 2,473,000 | 3,812,000 | 5,228,000 |
| Interest expense | 307,000 | 669,000 | 1,097,000 | 1,595,000 |
| Net interest income | 881,000 | 1,804,000 | 2,715,000 | 3,633,000 |
| Noninterest income | 119,000 | 266,000 | 387,000 | 524,000 |
| Noninterest expense | 576,000 | 1,184,000 | 1,788,000 | 2,424,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 425,000 | 887,000 | 1,315,000 | 1,734,000 |
| Income tax | 110,000 | 230,000 | 341,000 | 450,000 |
| Net income | 315,000 | 657,000 | 974,000 | 1,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,078,000 | 10,259,000 | 10,426,000 | 10,512,000 |
| Total capital | 10,895,000 | 11,076,000 | 11,243,000 | 11,329,000 |
| Risk-weighted assets | 85,666,000 | 87,203,000 | 90,442,000 | 90,358,000 |