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 | 17,395,000 | 16,537,000 | 16,523,000 | 16,445,000 |
| Total loans | 6,955,000 | 7,132,000 | 7,041,000 | 7,372,000 |
| Allowance for loan losses | 125,000 | 125,000 | 125,000 | 125,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,738,000 | 1,489,000 | 989,000 | 989,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,347,000 | 14,425,000 | 14,393,000 | 14,391,000 |
| Interest-bearing deposits | 12,102,000 | 11,803,000 | 11,688,000 | 11,547,000 |
| Noninterest-bearing deposits | 3,245,000 | 2,622,000 | 2,705,000 | 2,844,000 |
| Equity capital | 1,986,000 | 2,026,000 | 2,063,000 | 1,981,000 |
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 | 185,000 | 379,000 | 578,000 | 785,000 |
| Interest expense | 49,000 | 99,000 | 154,000 | 210,000 |
| Net interest income | 136,000 | 280,000 | 424,000 | 575,000 |
| Noninterest income | 3,000 | 7,000 | 10,000 | 13,000 |
| Noninterest expense | 113,000 | 221,000 | 331,000 | 567,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 26,000 | 66,000 | 103,000 | 21,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 26,000 | 65,000 | 102,000 | 20,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,986,000 | 2,026,000 | 2,063,000 | 1,981,000 |