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 | 1,032,462,000 | 1,066,202,000 | 1,033,967,000 | 1,034,492,000 |
| Total loans | 782,054,000 | 786,337,000 | 791,756,000 | 789,506,000 |
| Allowance for loan losses | 9,125,000 | 9,233,000 | 9,335,000 | 9,335,000 |
| Securities available for sale | 186,597,000 | 184,096,000 | 184,944,000 | 180,109,000 |
| Securities held to maturity | 8,415,000 | 7,205,000 | 7,060,000 | 7,060,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 816,905,000 | 852,899,000 | 823,081,000 | 849,744,000 |
| Interest-bearing deposits | 652,333,000 | 690,902,000 | 655,717,000 | 677,539,000 |
| Noninterest-bearing deposits | 164,572,000 | 161,997,000 | 167,364,000 | 172,205,000 |
| Equity capital | 131,741,000 | 132,663,000 | 138,735,000 | 138,108,000 |
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 | 11,033,000 | 22,871,000 | 34,914,000 | 47,047,000 |
| Interest expense | 5,072,000 | 10,566,000 | 16,098,000 | 21,382,000 |
| Net interest income | 5,961,000 | 12,305,000 | 18,816,000 | 25,665,000 |
| Noninterest income | 1,416,000 | 2,804,000 | 4,392,000 | 5,917,000 |
| Noninterest expense | 5,708,000 | 11,059,000 | 16,396,000 | 21,403,000 |
| Provision for loan losses | 0 | 100,000 | 200,000 | 200,000 |
| Pretax income | 1,669,000 | 3,584,000 | 6,246,000 | 9,613,000 |
| Income tax | 68,000 | 147,000 | 258,000 | 396,000 |
| Net income | 1,601,000 | 3,437,000 | 5,988,000 | 9,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,877,000 | 142,821,000 | 144,629,000 | 146,965,000 |