Call reports 2008
FARMERS BANK OF MILTON, THE — 2008
What FARMERS BANK OF MILTON, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 136,167,000 | 135,314,000 | 134,987,000 | 134,808,000 |
| Total loans | 78,268,000 | 78,889,000 | 80,673,000 | 81,828,000 |
| Allowance for loan losses | 664,000 | 647,000 | 606,000 | 690,000 |
| Securities available for sale | 50,003,000 | 46,222,000 | 47,583,000 | 46,345,000 |
| Securities held to maturity | 650,000 | 551,000 | 492,000 | 355,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,402,000 | 110,001,000 | 111,085,000 | 108,356,000 |
| Interest-bearing deposits | 91,474,000 | 92,015,000 | 101,560,000 | 98,186,000 |
| Noninterest-bearing deposits | 18,928,000 | 17,986,000 | 9,525,000 | 10,170,000 |
| Equity capital | 22,206,000 | 21,934,000 | 20,250,000 | 21,822,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,027,000 | 4,045,000 | 6,048,000 | 8,090,000 |
| Interest expense | 967,000 | 1,909,000 | 2,833,000 | 3,687,000 |
| Net interest income | 1,060,000 | 2,136,000 | 3,215,000 | 4,403,000 |
| Noninterest income | 127,000 | 264,000 | 413,000 | 530,000 |
| Noninterest expense | 633,000 | 1,230,000 | 1,929,000 | 2,764,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 592,000 | 1,219,000 | -1,107,000 | -821,000 |
| Income tax | 162,000 | 327,000 | 462,000 | -455,000 |
| Net income | 430,000 | 892,000 | -1,569,000 | -366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,601,000 | 23,064,000 | 20,477,000 | 21,512,000 |
| Total capital | 23,265,000 | 23,711,000 | 21,083,000 | 22,202,000 |
| Risk-weighted assets | 79,070,000 | 81,365,000 | 79,356,000 | 78,927,000 |