Call reports 2023
FARMERS STATE BANK OF NEWCASTLE — 2023
What FARMERS STATE BANK OF NEWCASTLE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 54,161,000 | 55,022,000 | 55,266,000 | 55,099,000 |
| Total loans | 25,947,000 | 23,041,000 | 21,404,000 | 22,421,000 |
| Allowance for loan losses | 379,000 | 394,000 | 267,000 | 191,000 |
| Securities available for sale | 24,889,000 | 24,305,000 | 24,236,000 | 25,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,384,000 | 53,033,000 | 54,365,000 | 52,530,000 |
| Interest-bearing deposits | 36,079,000 | 36,257,000 | 38,789,000 | 38,430,000 |
| Noninterest-bearing deposits | 15,305,000 | 16,776,000 | 15,576,000 | 14,100,000 |
| Equity capital | 1,987,000 | 1,771,000 | 684,000 | 2,037,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 642,000 | 1,274,000 | 1,954,000 | 2,649,000 |
| Interest expense | 239,000 | 485,000 | 759,000 | 1,055,000 |
| Net interest income | 403,000 | 789,000 | 1,195,000 | 1,594,000 |
| Noninterest income | 35,000 | 75,000 | 126,000 | 163,000 |
| Noninterest expense | 352,000 | 640,000 | 950,000 | 1,250,000 |
| Provision for loan losses | 0 | 15,000 | 116,000 | 39,000 |
| Pretax income | 92,000 | 216,000 | 261,000 | 386,000 |
| Income tax | 0 | 2,000 | 0 | 24,000 |
| Net income | 92,000 | 214,000 | 261,000 | 362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,827,000 | 5,899,000 | 5,946,000 | 5,831,000 |