Call reports 2008
FARMERS STATE BANK OF TURTON, THE — 2008
What FARMERS STATE BANK OF TURTON, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 20,906,000 | 20,161,000 | 19,620,000 | 20,632,000 |
| Total loans | 12,027,000 | 13,666,000 | 13,745,000 | 15,395,000 |
| Allowance for loan losses | 249,000 | 249,000 | 250,000 | 253,000 |
| Securities available for sale | 3,842,000 | 2,750,000 | 2,357,000 | 2,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,769,000 | 17,098,000 | 16,554,000 | 16,873,000 |
| Interest-bearing deposits | 15,888,000 | 15,708,000 | 14,875,000 | 14,744,000 |
| Noninterest-bearing deposits | 1,881,000 | 1,390,000 | 1,679,000 | 2,129,000 |
| Equity capital | 2,621,000 | 2,627,000 | 2,675,000 | 2,617,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 326,000 | 619,000 | 916,000 | 1,210,000 |
| Interest expense | 135,000 | 252,000 | 357,000 | 452,000 |
| Net interest income | 191,000 | 367,000 | 559,000 | 758,000 |
| Noninterest income | 23,000 | 31,000 | 58,000 | 87,000 |
| Noninterest expense | 136,000 | 269,000 | 406,000 | 657,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 78,000 | 129,000 | 211,000 | 188,000 |
| Income tax | 11,000 | 41,000 | 58,000 | 45,000 |
| Net income | 67,000 | 88,000 | 153,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,582,000 | 2,603,000 | 2,668,000 | 2,619,000 |
| Total capital | 2,788,000 | 2,810,000 | 2,868,000 | 2,816,000 |
| Risk-weighted assets | 13,534,000 | 14,326,000 | 14,341,000 | 15,714,000 |