Call reports 2008
FARMERS STATE BANK, THE — 2008
What FARMERS STATE BANK, 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 | 18,761,000 | 18,723,000 | 18,340,000 | 18,448,000 |
| Total loans | 9,837,000 | 10,342,000 | 10,777,000 | 10,047,000 |
| Allowance for loan losses | 171,000 | 174,000 | 177,000 | 180,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,587,000 | 3,587,000 | 3,494,000 | 3,605,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,965,000 | 16,910,000 | 16,466,000 | 16,663,000 |
| Interest-bearing deposits | 15,347,000 | 15,151,000 | 14,986,000 | 15,320,000 |
| Noninterest-bearing deposits | 1,618,000 | 1,759,000 | 1,480,000 | 1,343,000 |
| Equity capital | 1,672,000 | 1,693,000 | 1,719,000 | 1,709,000 |
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 | 267,000 | 514,000 | 765,000 | 1,002,000 |
| Interest expense | 135,000 | 263,000 | 369,000 | 469,000 |
| Net interest income | 132,000 | 251,000 | 396,000 | 533,000 |
| Noninterest income | 14,000 | 28,000 | 43,000 | 68,000 |
| Noninterest expense | 105,000 | 210,000 | 336,000 | 496,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 38,000 | 63,000 | 94,000 | 93,000 |
| Income tax | 3,000 | 7,000 | 11,000 | 21,000 |
| Net income | 35,000 | 56,000 | 83,000 | 72,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,672,000 | 1,693,000 | 1,719,000 | 1,709,000 |
| Total capital | 1,807,000 | 1,833,000 | 1,862,000 | 1,846,000 |
| Risk-weighted assets | 10,760,000 | 11,147,000 | 11,432,000 | 10,948,000 |