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 | 1,042,135,000 | 1,044,621,000 | 1,004,331,000 | 1,029,324,000 |
| Total loans | 768,624,000 | 773,255,000 | 768,798,000 | 780,729,000 |
| Allowance for loan losses | 9,185,000 | 9,181,000 | 9,174,000 | 9,133,000 |
| Securities available for sale | 217,194,000 | 198,861,000 | 192,678,000 | 194,638,000 |
| Securities held to maturity | 11,512,000 | 10,322,000 | 9,905,000 | 8,415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 857,633,000 | 876,615,000 | 836,812,000 | 854,315,000 |
| Interest-bearing deposits | 675,319,000 | 696,815,000 | 663,177,000 | 679,312,000 |
| Noninterest-bearing deposits | 182,314,000 | 179,800,000 | 173,635,000 | 175,003,000 |
| Equity capital | 126,638,000 | 125,521,000 | 122,122,000 | 132,298,000 |
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 | 9,744,000 | 20,174,000 | 30,728,000 | 41,490,000 |
| Interest expense | 3,067,000 | 6,909,000 | 10,994,000 | 15,672,000 |
| Net interest income | 6,677,000 | 13,265,000 | 19,734,000 | 25,818,000 |
| Noninterest income | 1,377,000 | 2,727,000 | 4,228,000 | 5,707,000 |
| Noninterest expense | 5,611,000 | 11,096,000 | 16,330,000 | 21,635,000 |
| Provision for loan losses | 200,000 | 200,000 | 200,000 | 200,000 |
| Pretax income | 2,243,000 | 4,723,000 | 7,459,000 | 9,717,000 |
| Income tax | 99,000 | 205,000 | 326,000 | 427,000 |
| Net income | 2,144,000 | 4,518,000 | 7,133,000 | 9,290,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 137,799,000 | 138,775,000 | 140,201,000 | 141,466,000 |