Call reports 2011
FARMERS STATE BANK OF ELKTON — 2011
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 43,228,000 | 45,604,000 | 47,554,000 | 48,874,000 |
| Total loans | 19,719,000 | 19,079,000 | 20,395,000 | 24,399,000 |
| Allowance for loan losses | 435,000 | 378,000 | 316,000 | 366,000 |
| Securities available for sale | 14,792,000 | 16,667,000 | 18,843,000 | 17,990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,389,000 | 40,577,000 | 42,220,000 | 42,264,000 |
| Interest-bearing deposits | 32,491,000 | 33,439,000 | 34,288,000 | 34,227,000 |
| Noninterest-bearing deposits | 5,898,000 | 7,138,000 | 7,932,000 | 8,038,000 |
| Equity capital | 4,750,000 | 4,949,000 | 5,244,000 | 5,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 451,000 | 918,000 | 1,400,000 | 1,878,000 |
| Interest expense | 101,000 | 197,000 | 292,000 | 369,000 |
| Net interest income | 350,000 | 721,000 | 1,108,000 | 1,509,000 |
| Noninterest income | 16,000 | 37,000 | 70,000 | 95,000 |
| Noninterest expense | 221,000 | 475,000 | 683,000 | 903,000 |
| Provision for loan losses | 0 | 125,000 | 125,000 | 175,000 |
| Pretax income | 145,000 | 158,000 | 370,000 | 526,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 145,000 | 158,000 | 370,000 | 526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,566,000 | 4,428,000 | 4,584,000 | 4,540,000 |
| Total capital | 4,898,000 | 4,781,000 | 4,900,000 | 4,906,000 |
| Risk-weighted assets | 26,404,000 | 28,203,000 | 30,473,000 | 33,999,000 |