Call reports 2008
FARMBANK — 2008
What FARMBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 30,395,000 | 31,111,000 | 30,807,000 | 30,598,000 |
| Total loans | 12,783,000 | 12,706,000 | 12,449,000 | 12,366,000 |
| Allowance for loan losses | 293,000 | 289,000 | 293,000 | 318,000 |
| Securities available for sale | 8,580,000 | 9,564,000 | 9,560,000 | 9,280,000 |
| Securities held to maturity | 1,982,000 | 2,120,000 | 2,039,000 | 1,920,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,416,000 | 23,188,000 | 22,305,000 | 22,734,000 |
| Interest-bearing deposits | 20,862,000 | 20,706,000 | 20,034,000 | 20,031,000 |
| Noninterest-bearing deposits | 2,554,000 | 2,482,000 | 2,271,000 | 2,703,000 |
| Equity capital | 3,069,000 | 2,980,000 | 3,031,000 | 3,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 419,000 | 828,000 | 1,239,000 | 1,626,000 |
| Interest expense | 205,000 | 397,000 | 580,000 | 749,000 |
| Net interest income | 214,000 | 431,000 | 659,000 | 877,000 |
| Noninterest income | 23,000 | 49,000 | 75,000 | 101,000 |
| Noninterest expense | 155,000 | 312,000 | 465,000 | 845,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 30,000 |
| Pretax income | 82,000 | 168,000 | 264,000 | 103,000 |
| Income tax | 24,000 | 50,000 | 80,000 | 7,000 |
| Net income | 57,000 | 118,000 | 184,000 | 96,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,913,000 | 2,948,000 | 3,014,000 | 2,925,000 |
| Total capital | 3,182,000 | 3,227,000 | 3,286,000 | 3,200,000 |
| Risk-weighted assets | 21,520,000 | 22,281,000 | 21,731,000 | 21,971,000 |
Machine access — free, no API key
Every figure shown here about FARMBANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.