Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 41,098,000 | 37,724,000 | 35,360,000 | 37,181,000 |
| Total loans | 12,227,000 | 12,027,000 | 12,073,000 | 12,141,000 |
| Allowance for loan losses | 423,000 | 423,000 | 421,000 | 420,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,488,000 | 17,876,000 | 16,371,000 | 14,376,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,370,000 | 32,942,000 | 30,520,000 | 32,275,000 |
| Interest-bearing deposits | 29,031,000 | 25,691,000 | 24,504,000 | 23,744,000 |
| Noninterest-bearing deposits | 7,339,000 | 7,251,000 | 6,016,000 | 8,531,000 |
| Equity capital | 4,700,000 | 4,716,000 | 4,781,000 | 4,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 368,000 | 705,000 | 1,019,000 | 1,358,000 |
| Interest expense | 69,000 | 137,000 | 218,000 | 306,000 |
| Net interest income | 299,000 | 568,000 | 801,000 | 1,052,000 |
| Noninterest income | 9,000 | 19,000 | 30,000 | 45,000 |
| Noninterest expense | 212,000 | 355,000 | 521,000 | 735,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 96,000 | 232,000 | 310,000 | 362,000 |
| Income tax | 20,000 | 60,000 | 73,000 | 55,000 |
| Net income | 76,000 | 172,000 | 237,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,700,000 | 4,716,000 | 4,781,000 | 4,751,000 |