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 | 190,842,000 | 187,494,000 | 178,348,000 | 178,172,000 |
| Total loans | 116,123,000 | 112,039,000 | 105,349,000 | 107,094,000 |
| Allowance for loan losses | 974,000 | 1,068,000 | 1,061,000 | 1,040,000 |
| Securities available for sale | 50,410,000 | 49,475,000 | 48,158,000 | 51,996,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,526,000 | 165,286,000 | 162,130,000 | 161,763,000 |
| Interest-bearing deposits | 81,765,000 | 85,307,000 | 82,299,000 | 82,783,000 |
| Noninterest-bearing deposits | 78,761,000 | 79,979,000 | 79,831,000 | 78,980,000 |
| Equity capital | 13,492,000 | 13,644,000 | 14,725,000 | 14,876,000 |
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 | 2,091,000 | 4,347,000 | 6,501,000 | 8,731,000 |
| Interest expense | 284,000 | 743,000 | 1,142,000 | 1,463,000 |
| Net interest income | 1,807,000 | 3,604,000 | 5,359,000 | 7,268,000 |
| Noninterest income | 322,000 | 656,000 | 1,007,000 | 1,353,000 |
| Noninterest expense | 1,439,000 | 2,852,000 | 4,454,000 | 6,005,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 665,000 | 1,351,000 | 1,912,000 | 2,616,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 665,000 | 1,351,000 | 1,912,000 | 2,616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,002,000 | 16,159,000 | 16,169,000 | 16,537,000 |
| Total capital | 17,105,000 | 17,284,000 | 17,287,000 | 17,654,000 |
| Risk-weighted assets | 116,492,000 | 124,876,000 | 114,187,000 | 121,756,000 |