Call reports 2012
INDEPENDENT FARMERS BANK — 2012
What INDEPENDENT FARMERS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 105,703,000 | 103,644,000 | 103,897,000 | 110,525,000 |
| Total loans | 43,666,000 | 44,863,000 | 44,675,000 | 43,998,000 |
| Allowance for loan losses | 681,000 | 664,000 | 648,000 | 662,000 |
| Securities available for sale | 54,211,000 | 55,043,000 | 52,068,000 | 50,216,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,070,000 | 88,172,000 | 88,956,000 | 97,078,000 |
| Interest-bearing deposits | 78,960,000 | 76,704,000 | 77,026,000 | 80,887,000 |
| Noninterest-bearing deposits | 12,110,000 | 11,468,000 | 11,930,000 | 16,191,000 |
| Equity capital | 9,533,000 | 10,183,000 | 10,720,000 | 10,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,120,000 | 2,220,000 | 3,368,000 | 4,477,000 |
| Interest expense | 260,000 | 483,000 | 681,000 | 850,000 |
| Net interest income | 860,000 | 1,737,000 | 2,687,000 | 3,627,000 |
| Noninterest income | 62,000 | 117,000 | 191,000 | 266,000 |
| Noninterest expense | 607,000 | 1,281,000 | 1,939,000 | 2,608,000 |
| Provision for loan losses | 13,000 | 31,000 | 12,000 | 36,000 |
| Pretax income | 302,000 | 542,000 | 1,016,000 | 1,338,000 |
| Income tax | 68,000 | 109,000 | 203,000 | 281,000 |
| Net income | 234,000 | 433,000 | 813,000 | 1,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,192,000 | 8,390,000 | 8,771,000 | 8,205,000 |
| Total capital | 8,873,000 | 9,054,000 | 9,419,000 | 8,867,000 |
| Risk-weighted assets | 54,373,000 | 56,005,000 | 55,205,000 | 68,187,000 |