Call reports 2018
FARMERS STATE BANK OF DANFORTH — 2018
What FARMERS STATE BANK OF DANFORTH reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 59,660,000 | 58,385,000 | 58,525,000 | 58,548,000 |
| Total loans | 31,915,000 | 32,627,000 | 31,953,000 | 33,083,000 |
| Allowance for loan losses | 238,000 | 238,000 | 238,000 | 237,000 |
| Securities available for sale | 22,368,000 | 22,565,000 | 21,713,000 | 20,505,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,159,000 | 50,785,000 | 51,078,000 | 51,054,000 |
| Interest-bearing deposits | 41,293,000 | 40,251,000 | 39,865,000 | 38,911,000 |
| Noninterest-bearing deposits | 10,866,000 | 10,534,000 | 11,213,000 | 12,143,000 |
| Equity capital | 6,963,000 | 6,689,000 | 7,209,000 | 7,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 508,000 | 1,043,000 | 1,580,000 | 2,120,000 |
| Interest expense | 32,000 | 69,000 | 110,000 | 157,000 |
| Net interest income | 476,000 | 974,000 | 1,470,000 | 1,963,000 |
| Noninterest income | 91,000 | 192,000 | 322,000 | 425,000 |
| Noninterest expense | 423,000 | 842,000 | 1,257,000 | 1,655,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 144,000 | 324,000 | 535,000 | 733,000 |
| Income tax | 25,000 | 60,000 | 103,000 | 149,000 |
| Net income | 119,000 | 264,000 | 432,000 | 584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,494,000 | 7,540,000 | 7,692,000 | 7,562,000 |
| Total capital | 7,732,000 | 7,778,000 | 7,930,000 | 7,799,000 |
| Risk-weighted assets | 38,299,000 | 38,529,000 | 37,455,000 | 38,071,000 |