Call reports 2004
FARMERS STATE BANK OF ELKTON — 2004
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 33,269,000 | 34,274,000 | 34,645,000 | 36,079,000 |
| Total loans | 16,183,000 | 18,121,000 | 18,520,000 | 18,262,000 |
| Allowance for loan losses | 329,000 | 323,000 | 325,000 | 325,000 |
| Securities available for sale | 11,557,000 | 11,466,000 | 11,743,000 | 10,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,089,000 | 30,398,000 | 30,026,000 | 32,050,000 |
| Interest-bearing deposits | 26,386,000 | 28,048,000 | 27,556,000 | 28,051,000 |
| Noninterest-bearing deposits | 2,703,000 | 2,350,000 | 2,470,000 | 3,999,000 |
| Equity capital | 4,014,000 | 3,704,000 | 4,088,000 | 3,843,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 415,000 | 853,000 | 1,296,000 | 1,740,000 |
| Interest expense | 123,000 | 242,000 | 362,000 | 482,000 |
| Net interest income | 292,000 | 611,000 | 934,000 | 1,258,000 |
| Noninterest income | 26,000 | 46,000 | 80,000 | 110,000 |
| Noninterest expense | 162,000 | 334,000 | 503,000 | 675,000 |
| Provision for loan losses | 5,000 | 6,000 | 6,000 | 6,000 |
| Pretax income | 151,000 | 317,000 | 505,000 | 669,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 151,000 | 316,000 | 504,000 | 668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,652,000 | 3,773,000 | 3,916,000 | 3,761,000 |
| Total capital | 3,930,000 | 4,071,000 | 4,223,000 | 4,068,000 |
| Risk-weighted assets | 22,139,000 | 23,850,000 | 24,476,000 | 24,508,000 |