Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE 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 | 64,022,000 | 66,291,000 | 67,341,000 | 66,957,000 |
| Total loans | 30,590,000 | 31,978,000 | 34,814,000 | 33,794,000 |
| Allowance for loan losses | 316,000 | 308,000 | 315,000 | 315,000 |
| Securities available for sale | 28,037,000 | 29,282,000 | 29,030,000 | 28,543,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,291,000 | 60,388,000 | 60,006,000 | 60,404,000 |
| Interest-bearing deposits | 38,751,000 | 40,391,000 | 39,568,000 | 41,205,000 |
| Noninterest-bearing deposits | 19,540,000 | 19,997,000 | 20,438,000 | 19,199,000 |
| Equity capital | 5,381,000 | 5,533,000 | 6,428,000 | 6,172,000 |
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 | 684,000 | 1,423,000 | 2,200,000 | 3,028,000 |
| Interest expense | 245,000 | 505,000 | 780,000 | 1,086,000 |
| Net interest income | 439,000 | 918,000 | 1,420,000 | 1,942,000 |
| Noninterest income | 9,000 | 17,000 | 26,000 | 39,000 |
| Noninterest expense | 255,000 | 497,000 | 776,000 | 1,062,000 |
| Provision for loan losses | -4,000 | -12,000 | -5,000 | -5,000 |
| Pretax income | 197,000 | 441,000 | 674,000 | 928,000 |
| Income tax | 4,000 | 17,000 | 30,000 | 39,000 |
| Net income | 193,000 | 424,000 | 644,000 | 889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,235,000 | 7,465,000 | 7,686,000 | 7,931,000 |