Call reports 2007
FARMERS STATE BANK OF ELKTON — 2007
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 33,986,000 | 32,103,000 | 33,241,000 | 34,178,000 |
| Total loans | 21,981,000 | 21,357,000 | 21,710,000 | 22,480,000 |
| Allowance for loan losses | 404,000 | 410,000 | 470,000 | 520,000 |
| Securities available for sale | 7,577,000 | 7,593,000 | 8,176,000 | 8,078,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,718,000 | 27,847,000 | 28,884,000 | 29,923,000 |
| Interest-bearing deposits | 26,770,000 | 25,434,000 | 24,986,000 | 26,448,000 |
| Noninterest-bearing deposits | 2,948,000 | 2,413,000 | 3,897,000 | 3,475,000 |
| Equity capital | 4,116,000 | 4,079,000 | 4,163,000 | 4,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 546,000 | 1,097,000 | 1,648,000 | 2,210,000 |
| Interest expense | 219,000 | 449,000 | 677,000 | 908,000 |
| Net interest income | 327,000 | 648,000 | 971,000 | 1,302,000 |
| Noninterest income | 29,000 | 53,000 | 79,000 | 108,000 |
| Noninterest expense | 192,000 | 385,000 | 585,000 | 790,000 |
| Provision for loan losses | 6,000 | 12,000 | 99,000 | 149,000 |
| Pretax income | 158,000 | 304,000 | 366,000 | 471,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 158,000 | 304,000 | 366,000 | 471,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,177,000 | 4,197,000 | 4,202,000 | 4,050,000 |
| Total capital | 4,497,000 | 4,508,000 | 4,522,000 | 4,378,000 |
| Risk-weighted assets | 25,396,000 | 24,599,000 | 25,278,000 | 26,019,000 |