Call reports 2001
FARMERS STATE BANK OF ELKTON — 2001
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 25,561,000 | 26,920,000 | 27,993,000 | 29,861,000 |
| Total loans | 14,215,000 | 14,783,000 | 14,760,000 | 15,131,000 |
| Allowance for loan losses | 243,000 | 290,000 | 317,000 | 318,000 |
| Securities available for sale | 8,857,000 | 8,634,000 | 9,535,000 | 10,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,793,000 | 23,139,000 | 24,005,000 | 26,078,000 |
| Interest-bearing deposits | 19,800,000 | 21,145,000 | 21,508,000 | 23,221,000 |
| Noninterest-bearing deposits | 1,993,000 | 1,994,000 | 2,497,000 | 2,857,000 |
| Equity capital | 3,447,000 | 3,441,000 | 3,686,000 | 3,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 493,000 | 985,000 | 1,478,000 | 1,949,000 |
| Interest expense | 236,000 | 474,000 | 715,000 | 960,000 |
| Net interest income | 257,000 | 511,000 | 763,000 | 989,000 |
| Noninterest income | 27,000 | 54,000 | 81,000 | 140,000 |
| Noninterest expense | 141,000 | 289,000 | 441,000 | 607,000 |
| Provision for loan losses | 56,000 | 108,000 | 135,000 | 137,000 |
| Pretax income | 87,000 | 168,000 | 268,000 | 385,000 |
| Income tax | 12,000 | 20,000 | -5,000 | 4,000 |
| Net income | 75,000 | 148,000 | 273,000 | 381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,246,000 | 3,261,000 | 3,355,000 | 3,288,000 |
| Total capital | 3,484,000 | 3,510,000 | 3,611,000 | 3,558,000 |
| Risk-weighted assets | 19,010,000 | 19,790,000 | 20,305,000 | 21,429,000 |