Call reports 2017
FARMERS STATE BANK OF DANFORTH — 2017
What FARMERS STATE BANK OF DANFORTH reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 62,684,000 | 62,112,000 | 62,011,000 | 59,350,000 |
| Total loans | 30,170,000 | 30,478,000 | 31,471,000 | 32,257,000 |
| Allowance for loan losses | 254,000 | 254,000 | 239,000 | 239,000 |
| Securities available for sale | 25,868,000 | 25,115,000 | 24,231,000 | 23,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,312,000 | 54,193,000 | 53,889,000 | 51,080,000 |
| Interest-bearing deposits | 44,443,000 | 43,256,000 | 43,011,000 | 39,567,000 |
| Noninterest-bearing deposits | 10,869,000 | 10,937,000 | 10,878,000 | 11,513,000 |
| Equity capital | 7,075,000 | 7,287,000 | 7,429,000 | 7,198,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 497,000 | 1,015,000 | 1,534,000 | 2,065,000 |
| Interest expense | 27,000 | 56,000 | 84,000 | 112,000 |
| Net interest income | 470,000 | 959,000 | 1,450,000 | 1,953,000 |
| Noninterest income | 90,000 | 199,000 | 351,000 | 476,000 |
| Noninterest expense | 405,000 | 804,000 | 1,208,000 | 1,665,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 158,000 | 357,000 | 596,000 | 767,000 |
| Income tax | 36,000 | 93,000 | 157,000 | 204,000 |
| Net income | 122,000 | 264,000 | 439,000 | 563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,252,000 | 7,296,000 | 7,461,000 | 7,354,000 |
| Total capital | 7,506,000 | 7,550,000 | 7,700,000 | 7,593,000 |
| Risk-weighted assets | 37,676,000 | 37,309,000 | 37,920,000 | 38,285,000 |