Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE 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 | 62,558,000 | 63,445,000 | 63,683,000 | 63,300,000 |
| Total loans | 27,395,000 | 30,654,000 | 31,869,000 | 31,756,000 |
| Allowance for loan losses | 310,000 | 322,000 | 318,000 | 320,000 |
| Securities available for sale | 32,607,000 | 30,401,000 | 28,136,000 | 28,447,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,267,000 | 51,910,000 | 54,772,000 | 56,583,000 |
| Interest-bearing deposits | 38,116,000 | 36,400,000 | 39,541,000 | 40,724,000 |
| Noninterest-bearing deposits | 17,151,000 | 15,510,000 | 15,231,000 | 15,859,000 |
| Equity capital | 4,923,000 | 4,855,000 | 4,294,000 | 5,653,000 |
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 | 548,000 | 1,143,000 | 1,796,000 | 2,464,000 |
| Interest expense | 89,000 | 269,000 | 521,000 | 779,000 |
| Net interest income | 459,000 | 874,000 | 1,275,000 | 1,685,000 |
| Noninterest income | 9,000 | 15,000 | 24,000 | 37,000 |
| Noninterest expense | 238,000 | 470,000 | 732,000 | 1,024,000 |
| Provision for loan losses | -18,000 | -6,000 | -11,000 | -8,000 |
| Pretax income | 246,000 | 440,000 | 599,000 | 758,000 |
| Income tax | 9,000 | 19,000 | 25,000 | 37,000 |
| Net income | 237,000 | 421,000 | 574,000 | 721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,858,000 | 7,042,000 | 7,195,000 | 7,342,000 |