Call reports 2013
INDEPENDENT FARMERS BANK — 2013
What INDEPENDENT FARMERS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 105,523,000 | 101,510,000 | 101,053,000 | 106,580,000 |
| Total loans | 42,291,000 | 42,165,000 | 43,294,000 | 40,875,000 |
| Allowance for loan losses | 646,000 | 646,000 | 649,000 | 628,000 |
| Securities available for sale | 51,071,000 | 53,169,000 | 51,571,000 | 50,910,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,035,000 | 89,843,000 | 89,736,000 | 96,053,000 |
| Interest-bearing deposits | 79,232,000 | 78,326,000 | 77,174,000 | 83,105,000 |
| Noninterest-bearing deposits | 12,803,000 | 11,517,000 | 12,562,000 | 12,948,000 |
| Equity capital | 10,321,000 | 9,505,000 | 9,478,000 | 8,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,058,000 | 2,114,000 | 3,209,000 | 4,236,000 |
| Interest expense | 161,000 | 312,000 | 458,000 | 603,000 |
| Net interest income | 897,000 | 1,802,000 | 2,751,000 | 3,633,000 |
| Noninterest income | 77,000 | 160,000 | 253,000 | 353,000 |
| Noninterest expense | 627,000 | 1,144,000 | 1,813,000 | 2,444,000 |
| Provision for loan losses | -20,000 | -19,000 | -13,000 | -6,000 |
| Pretax income | 369,000 | 869,000 | 1,236,000 | 1,580,000 |
| Income tax | 101,000 | 256,000 | 307,000 | 401,000 |
| Net income | 268,000 | 613,000 | 929,000 | 1,179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,473,000 | 8,818,000 | 9,134,000 | 8,575,000 |
| Total capital | 9,119,000 | 9,464,000 | 9,783,000 | 9,203,000 |
| Risk-weighted assets | 53,139,000 | 52,670,000 | 53,773,000 | 50,997,000 |