Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE BANK 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 | 121,077,000 | 117,537,000 | 117,356,000 | 121,100,000 |
| Total loans | 54,156,000 | 54,696,000 | 55,617,000 | 61,675,000 |
| Allowance for loan losses | 1,527,000 | 1,528,000 | 1,525,000 | 1,527,000 |
| Securities available for sale | 7,275,000 | 55,574,000 | 55,173,000 | 48,293,000 |
| Securities held to maturity | 44,477,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,175,000 | 100,897,000 | 100,280,000 | 103,322,000 |
| Interest-bearing deposits | 90,262,000 | 87,560,000 | 86,782,000 | 88,989,000 |
| Noninterest-bearing deposits | 13,913,000 | 13,337,000 | 13,498,000 | 14,333,000 |
| Equity capital | 16,208,000 | 15,978,000 | 16,374,000 | 16,070,000 |
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 | 1,817,000 | 3,524,000 | 5,194,000 | 6,958,000 |
| Interest expense | 807,000 | 1,492,000 | 2,153,000 | 2,809,000 |
| Net interest income | 1,010,000 | 2,032,000 | 3,041,000 | 4,149,000 |
| Noninterest income | 57,000 | 122,000 | 182,000 | 264,000 |
| Noninterest expense | 593,000 | 1,160,000 | 1,723,000 | 2,373,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 474,000 | 994,000 | 1,500,000 | 2,040,000 |
| Income tax | 47,000 | 231,000 | 385,000 | 566,000 |
| Net income | 427,000 | 763,000 | 1,115,000 | 1,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,894,000 | 16,229,000 | 16,581,000 | 15,640,000 |
| Total capital | 16,721,000 | 17,063,000 | 17,430,000 | 16,555,000 |
| Risk-weighted assets | 65,472,000 | 66,009,000 | 67,235,000 | 72,596,000 |