Call reports 2002
FARMERS STATE BANK OF ELKTON — 2002
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 27,933,000 | 29,909,000 | 30,592,000 | 32,196,000 |
| Total loans | 14,590,000 | 15,763,000 | 17,393,000 | 16,861,000 |
| Allowance for loan losses | 312,000 | 319,000 | 322,000 | 326,000 |
| Securities available for sale | 10,146,000 | 9,761,000 | 9,573,000 | 9,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,211,000 | 26,033,000 | 26,466,000 | 28,421,000 |
| Interest-bearing deposits | 22,339,000 | 24,041,000 | 24,007,000 | 24,686,000 |
| Noninterest-bearing deposits | 1,872,000 | 1,992,000 | 2,459,000 | 3,735,000 |
| Equity capital | 3,465,000 | 3,604,000 | 3,841,000 | 3,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 433,000 | 876,000 | 1,371,000 | 1,855,000 |
| Interest expense | 198,000 | 382,000 | 575,000 | 753,000 |
| Net interest income | 235,000 | 494,000 | 796,000 | 1,102,000 |
| Noninterest income | 43,000 | 75,000 | 88,000 | 127,000 |
| Noninterest expense | 180,000 | 336,000 | 496,000 | 667,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 11,000 |
| Pretax income | 95,000 | 235,000 | 283,000 | 455,000 |
| Income tax | -7,000 | -7,000 | -7,000 | -7,000 |
| Net income | 102,000 | 242,000 | 290,000 | 462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,308,000 | 3,423,000 | 3,446,000 | 3,336,000 |
| Total capital | 3,568,000 | 3,696,000 | 3,733,000 | 3,629,000 |
| Risk-weighted assets | 20,701,000 | 21,943,000 | 22,913,000 | 23,384,000 |