Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 247,619,000 | 238,141,000 | 239,097,000 | 241,183,000 |
| Total loans | 124,729,000 | 128,187,000 | 128,772,000 | 133,295,000 |
| Allowance for loan losses | 1,404,000 | 1,405,000 | 1,377,000 | 1,365,000 |
| Securities available for sale | 95,404,000 | 91,938,000 | 92,778,000 | 86,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,758,000 | 226,494,000 | 222,730,000 | 228,566,000 |
| Interest-bearing deposits | 177,599,000 | 172,887,000 | 169,839,000 | 173,606,000 |
| Noninterest-bearing deposits | 59,159,000 | 53,607,000 | 52,891,000 | 54,960,000 |
| Equity capital | 9,952,000 | 10,757,000 | 13,833,000 | 11,005,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,787,000 | 5,578,000 | 8,378,000 | 11,196,000 |
| Interest expense | 1,155,000 | 2,320,000 | 3,555,000 | 4,754,000 |
| Net interest income | 1,632,000 | 3,258,000 | 4,823,000 | 6,442,000 |
| Noninterest income | 129,000 | 283,000 | 438,000 | 593,000 |
| Noninterest expense | 1,273,000 | 2,612,000 | 3,922,000 | 5,312,000 |
| Provision for loan losses | 0 | 0 | -28,000 | -28,000 |
| Pretax income | 488,000 | 929,000 | 1,339,000 | 1,723,000 |
| Income tax | 95,000 | 189,000 | 284,000 | 312,000 |
| Net income | 393,000 | 740,000 | 1,055,000 | 1,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,396,000 | 24,755,000 | 25,085,000 | 24,555,000 |