Call reports 2024
FARMERS STATE BANK, THE — 2024
What FARMERS STATE BANK, THE 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 | 74,156,000 | 76,915,000 | 73,115,000 | 73,930,000 |
| Total loans | 48,727,000 | 50,419,000 | 49,642,000 | 50,700,000 |
| Allowance for loan losses | 493,000 | 498,000 | 495,000 | 833,000 |
| Securities available for sale | 15,863,000 | 16,525,000 | 16,408,000 | 14,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,215,000 | 65,681,000 | 60,946,000 | 63,181,000 |
| Interest-bearing deposits | 54,481,000 | 55,460,000 | 51,588,000 | 52,644,000 |
| Noninterest-bearing deposits | 8,734,000 | 10,221,000 | 9,358,000 | 10,537,000 |
| Equity capital | 7,610,000 | 7,898,000 | 8,800,000 | 8,344,000 |
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 | 911,000 | 1,931,000 | 2,953,000 | 3,960,000 |
| Interest expense | 385,000 | 796,000 | 1,189,000 | 1,561,000 |
| Net interest income | 526,000 | 1,135,000 | 1,764,000 | 2,399,000 |
| Noninterest income | 82,000 | 172,000 | 435,000 | 490,000 |
| Noninterest expense | 490,000 | 941,000 | 1,434,000 | 1,873,000 |
| Provision for loan losses | 0 | 0 | 0 | 301,000 |
| Pretax income | 119,000 | 380,000 | 788,000 | 751,000 |
| Income tax | 18,000 | 66,000 | 96,000 | 94,000 |
| Net income | 101,000 | 314,000 | 692,000 | 657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,677,000 | 9,890,000 | 10,268,000 | 10,208,000 |