Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 307,704,000 | 297,811,000 | 310,682,000 | 320,718,000 |
| Total loans | 222,055,000 | 219,464,000 | 223,702,000 | 235,943,000 |
| Allowance for loan losses | 1,919,000 | 1,916,000 | 1,909,000 | 1,983,000 |
| Securities available for sale | 49,476,000 | 49,248,000 | 47,276,000 | 45,667,000 |
| Securities held to maturity | 894,000 | 892,000 | 857,000 | 245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,878,000 | 253,276,000 | 266,602,000 | 273,805,000 |
| Interest-bearing deposits | 185,233,000 | 182,107,000 | 188,450,000 | 192,308,000 |
| Noninterest-bearing deposits | 78,645,000 | 71,169,000 | 78,152,000 | 81,497,000 |
| Equity capital | 42,053,000 | 42,133,000 | 41,836,000 | 44,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,474,000 | 6,921,000 | 10,621,000 | 14,535,000 |
| Interest expense | 411,000 | 973,000 | 1,651,000 | 2,460,000 |
| Net interest income | 3,063,000 | 5,948,000 | 8,970,000 | 12,075,000 |
| Noninterest income | 379,000 | 810,000 | 1,237,000 | 1,615,000 |
| Noninterest expense | 1,881,000 | 3,862,000 | 5,919,000 | 7,967,000 |
| Provision for loan losses | 0 | 0 | 0 | 77,000 |
| Pretax income | 1,546,000 | 2,886,000 | 4,298,000 | 5,689,000 |
| Income tax | 16,000 | 59,000 | 57,000 | 57,000 |
| Net income | 1,530,000 | 2,827,000 | 4,241,000 | 5,632,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,970,000 | 44,542,000 | 45,379,000 | 45,897,000 |
| Total capital | 46,027,000 | 46,596,000 | 47,415,000 | 47,993,000 |
| Risk-weighted assets | 249,805,000 | 242,690,000 | 251,093,000 | 263,988,000 |