Call reports 2003
FARMERS STATE BANK OF ELKTON — 2003
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 31,239,000 | 32,085,000 | 33,213,000 | 34,589,000 |
| Total loans | 15,845,000 | 16,639,000 | 17,235,000 | 16,867,000 |
| Allowance for loan losses | 321,000 | 326,000 | 331,000 | 330,000 |
| Securities available for sale | 10,177,000 | 10,583,000 | 10,479,000 | 11,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,298,000 | 27,892,000 | 29,034,000 | 30,589,000 |
| Interest-bearing deposits | 24,715,000 | 25,783,000 | 26,184,000 | 27,941,000 |
| Noninterest-bearing deposits | 2,583,000 | 2,109,000 | 2,850,000 | 2,648,000 |
| Equity capital | 3,739,000 | 3,984,000 | 3,963,000 | 3,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 425,000 | 855,000 | 1,296,000 | 1,736,000 |
| Interest expense | 155,000 | 303,000 | 439,000 | 569,000 |
| Net interest income | 270,000 | 552,000 | 857,000 | 1,167,000 |
| Noninterest income | 30,000 | 69,000 | 101,000 | 134,000 |
| Noninterest expense | 168,000 | 330,000 | 489,000 | 650,000 |
| Provision for loan losses | 12,000 | 17,000 | 22,000 | 26,000 |
| Pretax income | 120,000 | 274,000 | 447,000 | 625,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 119,000 | 273,000 | 446,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,455,000 | 3,588,000 | 3,739,000 | 3,605,000 |
| Total capital | 3,729,000 | 3,872,000 | 4,032,000 | 3,899,000 |
| Risk-weighted assets | 21,853,000 | 22,663,000 | 23,364,000 | 23,408,000 |