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 | 25,692,000 | 25,984,000 | 26,083,000 | 28,775,000 |
| Total loans | 11,216,000 | 12,368,000 | 12,394,000 | 13,127,000 |
| Allowance for loan losses | 195,000 | 195,000 | 190,000 | 193,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,811,000 | 6,811,000 | 6,811,000 | 6,800,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,399,000 | 23,134,000 | 21,906,000 | 20,948,000 |
| Interest-bearing deposits | 16,867,000 | 17,263,000 | 16,433,000 | 15,790,000 |
| Noninterest-bearing deposits | 6,532,000 | 5,871,000 | 5,473,000 | 5,158,000 |
| Equity capital | 2,267,000 | 2,299,000 | 2,345,000 | 2,303,000 |
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 | 223,000 | 456,000 | 703,000 | 977,000 |
| Interest expense | 50,000 | 136,000 | 217,000 | 318,000 |
| Net interest income | 173,000 | 320,000 | 486,000 | 659,000 |
| Noninterest income | 8,000 | 16,000 | 25,000 | 36,000 |
| Noninterest expense | 152,000 | 276,000 | 405,000 | 572,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 30,000 | 60,000 | 106,000 | 123,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 30,000 | 60,000 | 106,000 | 123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,267,000 | 2,299,000 | 2,345,000 | 2,303,000 |
| Total capital | 2,445,000 | 2,494,000 | 2,536,000 | — |
| Risk-weighted assets | 14,280,000 | 15,971,000 | 15,489,000 | — |