Call reports 2024
FARMERS BANK — 2024
What FARMERS 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 | 653,683,000 | 652,489,000 | 649,375,000 | 621,356,000 |
| Total loans | 341,319,000 | 348,346,000 | 365,192,000 | 363,067,000 |
| Allowance for loan losses | 5,989,000 | 6,465,000 | 6,879,000 | 6,686,000 |
| Securities available for sale | 266,130,000 | 258,066,000 | 247,672,000 | 216,586,000 |
| Securities held to maturity | 10,379,000 | 10,337,000 | 5,870,000 | 5,848,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 509,388,000 | 494,054,000 | 501,530,000 | 527,216,000 |
| Interest-bearing deposits | 365,238,000 | 358,306,000 | 355,432,000 | 371,255,000 |
| Noninterest-bearing deposits | 144,150,000 | 135,748,000 | 146,098,000 | 155,961,000 |
| Equity capital | 75,254,000 | 76,172,000 | 81,816,000 | 84,715,000 |
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 | 6,289,000 | 12,793,000 | 19,591,000 | 28,376,000 |
| Interest expense | 1,352,000 | 4,266,000 | 6,684,000 | 8,523,000 |
| Net interest income | 4,937,000 | 8,527,000 | 12,907,000 | 19,853,000 |
| Noninterest income | 711,000 | 1,522,000 | 2,352,000 | 3,201,000 |
| Noninterest expense | 3,847,000 | 7,068,000 | 10,720,000 | 14,317,000 |
| Provision for loan losses | 0 | 476,000 | 890,000 | 777,000 |
| Pretax income | 1,806,000 | 1,421,000 | 2,589,000 | 7,045,000 |
| Income tax | 403,000 | 563,000 | 891,000 | 1,520,000 |
| Net income | 1,403,000 | 858,000 | 1,698,000 | 5,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,416,000 | 89,613,000 | 90,231,000 | 93,926,000 |
| Total capital | 95,749,000 | 94,966,000 | 95,714,000 | 99,284,000 |
| Risk-weighted assets | 425,896,000 | 425,982,000 | 436,143,000 | 426,358,000 |