Call reports 2013
FARMERS STATE BANK OF ELKTON — 2013
What FARMERS STATE BANK OF ELKTON reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 53,360,000 | 55,024,000 | 55,931,000 | 53,131,000 |
| Total loans | 23,891,000 | 24,197,000 | 24,596,000 | 24,707,000 |
| Allowance for loan losses | 426,000 | 436,000 | 440,000 | 375,000 |
| Securities available for sale | 17,166,000 | 18,468,000 | 19,916,000 | 19,820,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,981,000 | 49,373,000 | 50,850,000 | 48,171,000 |
| Interest-bearing deposits | 40,379,000 | 42,441,000 | 41,968,000 | 38,496,000 |
| Noninterest-bearing deposits | 7,602,000 | 6,933,000 | 8,882,000 | 9,675,000 |
| Equity capital | 5,146,000 | 4,787,000 | 4,951,000 | 4,897,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 461,000 | 907,000 | 1,381,000 | 1,862,000 |
| Interest expense | 64,000 | 126,000 | 186,000 | 240,000 |
| Net interest income | 397,000 | 781,000 | 1,195,000 | 1,622,000 |
| Noninterest income | 17,000 | 52,000 | 62,000 | 76,000 |
| Noninterest expense | 199,000 | 451,000 | 694,000 | 951,000 |
| Provision for loan losses | 25,000 | 35,000 | 45,000 | 115,000 |
| Pretax income | 190,000 | 315,000 | 490,000 | 604,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 190,000 | 315,000 | 490,000 | 604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,776,000 | 4,786,000 | 4,892,000 | 4,951,000 |
| Total capital | 5,199,000 | 5,222,000 | 5,332,000 | 5,326,000 |
| Risk-weighted assets | 33,695,000 | 34,755,000 | 35,486,000 | 35,154,000 |