Call report 2024Q1
INDEPENDENT FARMERS BANK — 2024Q1
The 22 measures INDEPENDENT FARMERS BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 156,513,000 | USD | evidence → |
| Total loans | 84,382,000 | USD | evidence → |
| Allowance for loan losses | 923,000 | USD | evidence → |
| Securities available for sale | 64,192,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 142,740,000 | USD | evidence → |
| Interest-bearing deposits | 111,358,000 | USD | evidence → |
| Noninterest-bearing deposits | 31,382,000 | USD | evidence → |
| Equity capital | 7,975,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 1,983,000 | USD | evidence → |
| Interest expense | 600,000 | USD | evidence → |
| Net interest income | 1,383,000 | USD | evidence → |
| Noninterest income | 108,000 | USD | evidence → |
| Noninterest expense | 1,006,000 | USD | evidence → |
| Provision for loan losses | 30,000 | USD | evidence → |
| Pretax income | 451,000 | USD | evidence → |
| Income tax | 66,000 | USD | evidence → |
| Net income | 385,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 14,447,000 | USD | evidence → |
| Total capital | 15,378,000 | USD | evidence → |
| Risk-weighted assets | 96,555,000 | USD | evidence → |