Call reports 2016
FARMERS STATE BANK OF DANFORTH — 2016
What FARMERS STATE BANK OF DANFORTH reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 62,654,000 | 62,094,000 | 61,892,000 | 61,679,000 |
| Total loans | 27,685,000 | 27,792,000 | 28,127,000 | 30,579,000 |
| Allowance for loan losses | 257,000 | 254,000 | 254,000 | 255,000 |
| Securities available for sale | 31,350,000 | 32,018,000 | 30,060,000 | 27,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,996,000 | 54,470,000 | 52,161,000 | 54,326,000 |
| Interest-bearing deposits | 35,873,000 | 35,615,000 | 34,546,000 | 42,563,000 |
| Noninterest-bearing deposits | 19,123,000 | 18,855,000 | 17,615,000 | 11,763,000 |
| Equity capital | 7,138,000 | 7,284,000 | 7,393,000 | 6,885,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 516,000 | 1,012,000 | 1,511,000 | 2,016,000 |
| Interest expense | 29,000 | 58,000 | 87,000 | 118,000 |
| Net interest income | 487,000 | 954,000 | 1,424,000 | 1,898,000 |
| Noninterest income | 78,000 | 181,000 | 310,000 | 453,000 |
| Noninterest expense | 371,000 | 749,000 | 1,165,000 | 1,587,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 194,000 | 387,000 | 580,000 | 774,000 |
| Income tax | 62,000 | 104,000 | 158,000 | 211,000 |
| Net income | 132,000 | 283,000 | 422,000 | 563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,011,000 | 7,063,000 | 7,203,000 | 7,141,000 |
| Total capital | 7,268,000 | 7,317,000 | 7,457,000 | 7,395,000 |
| Risk-weighted assets | 34,855,000 | 34,632,000 | 34,813,000 | 36,865,000 |