Call reports 2023
FARMERS STATE BANK, INC — 2023
What FARMERS STATE BANK, INC 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 | 61,427,000 | 61,100,000 | 61,515,000 | 62,136,000 |
| Total loans | 24,147,000 | 24,709,000 | 26,196,000 | 26,498,000 |
| Allowance for loan losses | 699,000 | 602,000 | 561,000 | 573,000 |
| Securities available for sale | 33,172,000 | 32,245,000 | 30,552,000 | 31,368,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,486,000 | 53,011,000 | 54,704,000 | 53,822,000 |
| Interest-bearing deposits | 34,396,000 | 33,614,000 | 34,899,000 | 34,757,000 |
| Noninterest-bearing deposits | 19,090,000 | 19,397,000 | 19,805,000 | 19,065,000 |
| Equity capital | 2,908,000 | 2,611,000 | 1,943,000 | 3,604,000 |
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 | 663,000 | 1,339,000 | 2,057,000 | 2,805,000 |
| Interest expense | 95,000 | 196,000 | 314,000 | 457,000 |
| Net interest income | 568,000 | 1,143,000 | 1,743,000 | 2,348,000 |
| Noninterest income | 110,000 | 219,000 | 327,000 | 427,000 |
| Noninterest expense | 492,000 | 976,000 | 1,467,000 | 1,927,000 |
| Provision for loan losses | 7,000 | -79,000 | -89,000 | -74,000 |
| Pretax income | 179,000 | 365,000 | 567,000 | 797,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 179,000 | 365,000 | 567,000 | 797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,120,000 | 7,173,000 | 7,242,000 | 7,427,000 |
| Total capital | 7,718,000 | 7,771,000 | 7,803,000 | 8,000,000 |
| Risk-weighted assets | 47,711,000 | 47,819,000 | 48,528,000 | 47,400,000 |