Call reports 2016
FARMERS STATE BANK OF TURTON, THE — 2016
What FARMERS STATE BANK OF TURTON, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 28,921,000 | 28,689,000 | 27,948,000 | 29,793,000 |
| Total loans | 16,509,000 | 19,488,000 | 19,016,000 | 17,317,000 |
| Allowance for loan losses | 258,000 | 258,000 | 270,000 | 277,000 |
| Securities available for sale | 3,774,000 | 3,513,000 | 3,396,000 | 3,797,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,542,000 | 25,203,000 | 24,340,000 | 26,222,000 |
| Interest-bearing deposits | 22,409,000 | 22,355,000 | 21,256,000 | 23,134,000 |
| Noninterest-bearing deposits | 3,133,000 | 2,848,000 | 3,084,000 | 3,088,000 |
| Equity capital | 3,146,000 | 3,256,000 | 3,351,000 | 3,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 264,000 | 551,000 | 844,000 | 1,129,000 |
| Interest expense | 27,000 | 54,000 | 81,000 | 108,000 |
| Net interest income | 237,000 | 497,000 | 763,000 | 1,021,000 |
| Noninterest income | 25,000 | 51,000 | 77,000 | 102,000 |
| Noninterest expense | 162,000 | 337,000 | 506,000 | 670,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 20,000 |
| Pretax income | 100,000 | 211,000 | 314,000 | 433,000 |
| Income tax | 22,000 | 47,000 | 75,000 | 100,000 |
| Net income | 78,000 | 164,000 | 239,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,077,000 | 3,163,000 | 3,238,000 | 3,333,000 |
| Total capital | 3,298,000 | 3,402,000 | 3,487,000 | 3,597,000 |
| Risk-weighted assets | 16,591,000 | 17,457,000 | 17,510,000 | 17,779,000 |