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 | 25,437,000 | 24,469,000 | 24,775,000 | 26,626,000 |
| Total loans | 12,300,000 | 12,334,000 | 12,736,000 | 13,593,000 |
| Allowance for loan losses | 196,000 | 196,000 | 195,000 | 197,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,400,000 | 6,200,000 | 6,000,000 | 6,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,465,000 | 21,151,000 | 20,429,000 | 19,823,000 |
| Interest-bearing deposits | 16,862,000 | 16,482,000 | 16,031,000 | 15,243,000 |
| Noninterest-bearing deposits | 5,603,000 | 4,669,000 | 4,398,000 | 4,580,000 |
| Equity capital | 2,328,000 | 2,361,000 | 2,403,000 | 2,378,000 |
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 | 257,000 | 518,000 | 790,000 | 1,068,000 |
| Interest expense | 105,000 | 184,000 | 266,000 | 344,000 |
| Net interest income | 152,000 | 334,000 | 524,000 | 724,000 |
| Noninterest income | 10,000 | 18,000 | 23,000 | 41,000 |
| Noninterest expense | 138,000 | 299,000 | 453,000 | 628,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 24,000 | 57,000 | 99,000 | 144,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 24,000 | 57,000 | 99,000 | 144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,328,000 | 2,361,000 | 2,403,000 | 2,378,000 |
| Total capital | 2,520,000 | 2,557,000 | 2,598,000 | 2,575,000 |
| Risk-weighted assets | 15,379,000 | 16,213,000 | 15,860,000 | 18,253,000 |