Call reports 2024
FARMERS STATE BANK, INC — 2024
What FARMERS STATE BANK, INC 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 | 61,918,000 | 61,030,000 | 61,475,000 | 60,494,000 |
| Total loans | 28,059,000 | 27,818,000 | 27,463,000 | 27,974,000 |
| Allowance for loan losses | 515,000 | 525,000 | 540,000 | 540,000 |
| Securities available for sale | 29,721,000 | 28,939,000 | 29,227,000 | 27,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,085,000 | 53,864,000 | 51,174,000 | 54,052,000 |
| Interest-bearing deposits | 35,294,000 | 34,418,000 | 32,890,000 | 35,811,000 |
| Noninterest-bearing deposits | 18,791,000 | 19,446,000 | 18,284,000 | 18,241,000 |
| Equity capital | 3,608,000 | 3,552,000 | 4,516,000 | 4,154,000 |
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 | 728,000 | 1,478,000 | 2,231,000 | 2,971,000 |
| Interest expense | 155,000 | 305,000 | 438,000 | 575,000 |
| Net interest income | 573,000 | 1,173,000 | 1,793,000 | 2,396,000 |
| Noninterest income | 103,000 | 210,000 | 326,000 | 422,000 |
| Noninterest expense | 503,000 | 1,001,000 | 1,528,000 | 1,954,000 |
| Provision for loan losses | -47,000 | -33,000 | -17,000 | -2,000 |
| Pretax income | 157,000 | 352,000 | 545,000 | 802,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 157,000 | 352,000 | 545,000 | 802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,409,000 | 7,391,000 | 7,433,000 | 7,646,000 |
| Total capital | 7,924,000 | 7,916,000 | 7,973,000 | 8,186,000 |
| Risk-weighted assets | 47,330,000 | 46,363,000 | 45,515,000 | 45,062,000 |