Call reports 2011
INDEPENDENT FARMERS BANK — 2011
What INDEPENDENT FARMERS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 93,334,000 | 93,263,000 | 97,271,000 | 105,009,000 |
| Total loans | 46,342,000 | 47,744,000 | 47,741,000 | 46,067,000 |
| Allowance for loan losses | 747,000 | 772,000 | 831,000 | 702,000 |
| Securities available for sale | 36,728,000 | 39,683,000 | 39,099,000 | 48,264,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,593,000 | 78,611,000 | 81,109,000 | 89,224,000 |
| Interest-bearing deposits | 69,703,000 | 69,550,000 | 70,786,000 | 77,240,000 |
| Noninterest-bearing deposits | 9,890,000 | 9,061,000 | 10,323,000 | 11,984,000 |
| Equity capital | 7,485,000 | 8,477,000 | 9,546,000 | 9,218,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,147,000 | 2,293,000 | 3,456,000 | 4,573,000 |
| Interest expense | 263,000 | 536,000 | 801,000 | 1,063,000 |
| Net interest income | 884,000 | 1,757,000 | 2,655,000 | 3,510,000 |
| Noninterest income | 74,000 | 153,000 | 233,000 | 299,000 |
| Noninterest expense | 591,000 | 1,155,000 | 1,796,000 | 2,431,000 |
| Provision for loan losses | 15,000 | 64,000 | 96,000 | 43,000 |
| Pretax income | 352,000 | 799,000 | 1,364,000 | 1,703,000 |
| Income tax | 96,000 | 222,000 | 394,000 | 474,000 |
| Net income | 256,000 | 577,000 | 970,000 | 1,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,663,000 | 7,984,000 | 8,378,000 | 7,963,000 |
| Total capital | 8,345,000 | 8,673,000 | 9,072,000 | 8,665,000 |
| Risk-weighted assets | 54,468,000 | 55,140,000 | 55,546,000 | 56,244,000 |