Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 35,940,000 | 35,154,000 | 34,033,000 | 34,990,000 |
| Total loans | 11,784,000 | 11,936,000 | 11,940,000 | 12,175,000 |
| Allowance for loan losses | 418,000 | 420,000 | 417,000 | 418,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,889,000 | 16,368,000 | 15,378,000 | 16,169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,073,000 | 30,185,000 | 28,995,000 | 29,934,000 |
| Interest-bearing deposits | 24,793,000 | 23,884,000 | 23,496,000 | 24,587,000 |
| Noninterest-bearing deposits | 6,280,000 | 6,301,000 | 5,499,000 | 5,347,000 |
| Equity capital | 4,814,000 | 4,909,000 | 4,967,000 | 4,812,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 348,000 | 719,000 | 1,091,000 | 1,478,000 |
| Interest expense | 90,000 | 187,000 | 288,000 | 398,000 |
| Net interest income | 258,000 | 532,000 | 803,000 | 1,080,000 |
| Noninterest income | 9,000 | 18,000 | 27,000 | 40,000 |
| Noninterest expense | 204,000 | 351,000 | 552,000 | 774,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 63,000 | 199,000 | 278,000 | 346,000 |
| Income tax | 0 | 41,000 | 62,000 | 85,000 |
| Net income | 63,000 | 158,000 | 216,000 | 261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,814,000 | 4,909,000 | 4,967,000 | 4,812,000 |