Call reports 2023
FARMERS BANK — 2023
What FARMERS BANK 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 | 647,119,000 | 654,767,000 | 649,411,000 | 640,223,000 |
| Total loans | 307,995,000 | 322,021,000 | 332,016,000 | 327,053,000 |
| Allowance for loan losses | 5,705,000 | 5,746,000 | 5,746,000 | 5,989,000 |
| Securities available for sale | 286,558,000 | 278,161,000 | 272,552,000 | 266,089,000 |
| Securities held to maturity | 16,041,000 | 15,974,000 | 10,462,000 | 10,421,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 560,324,000 | 524,099,000 | 508,018,000 | 522,824,000 |
| Interest-bearing deposits | 403,713,000 | 380,660,000 | 370,116,000 | 377,008,000 |
| Noninterest-bearing deposits | 156,611,000 | 143,439,000 | 137,902,000 | 145,816,000 |
| Equity capital | 66,374,000 | 67,064,000 | 68,050,000 | 73,953,000 |
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 | 5,126,000 | 10,791,000 | 16,779,000 | 22,944,000 |
| Interest expense | 462,000 | 1,398,000 | 2,694,000 | 5,058,000 |
| Net interest income | 4,664,000 | 9,393,000 | 14,085,000 | 17,886,000 |
| Noninterest income | 670,000 | 1,414,000 | 2,199,000 | 2,908,000 |
| Noninterest expense | 3,309,000 | 6,534,000 | 9,732,000 | 13,520,000 |
| Provision for loan losses | 247,000 | 247,000 | 247,000 | 492,000 |
| Pretax income | 1,791,000 | 4,049,000 | 6,335,000 | 6,831,000 |
| Income tax | 451,000 | 892,000 | 1,407,000 | 1,500,000 |
| Net income | 1,340,000 | 3,157,000 | 4,928,000 | 5,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,506,000 | 87,202,000 | 88,853,000 | 89,135,000 |
| Total capital | 90,551,000 | 92,395,000 | 94,140,000 | 94,295,000 |
| Risk-weighted assets | 402,868,000 | 414,832,000 | 422,451,000 | 411,919,000 |