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 | 39,961,000 | 39,636,000 | 39,635,000 | 38,388,000 |
| Total loans | 20,729,000 | 21,953,000 | 22,199,000 | 21,983,000 |
| Allowance for loan losses | 387,000 | 391,000 | 398,000 | 402,000 |
| Securities available for sale | 14,165,000 | 13,967,000 | 14,129,000 | 14,112,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,211,000 | 29,020,000 | 30,371,000 | 30,491,000 |
| Interest-bearing deposits | 22,104,000 | 22,500,000 | 24,710,000 | 24,518,000 |
| Noninterest-bearing deposits | 7,107,000 | 6,520,000 | 5,661,000 | 5,973,000 |
| Equity capital | 3,194,000 | 3,226,000 | 3,638,000 | 3,259,000 |
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 | 450,000 | 918,000 | 1,399,000 | 1,883,000 |
| Interest expense | 159,000 | 319,000 | 514,000 | 690,000 |
| Net interest income | 291,000 | 599,000 | 885,000 | 1,193,000 |
| Noninterest income | 29,000 | 60,000 | 91,000 | 122,000 |
| Noninterest expense | 259,000 | 513,000 | 769,000 | 1,035,000 |
| Provision for loan losses | -6,000 | -4,000 | 0 | 32,000 |
| Pretax income | 62,000 | 148,000 | 212,000 | 254,000 |
| Income tax | 0 | 5,000 | 5,000 | 12,000 |
| Net income | 62,000 | 143,000 | 207,000 | 242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,735,000 | 4,771,000 | 4,835,000 | 4,854,000 |