Call reports 2023
FARMERS BANK OF MILTON, THE — 2023
What FARMERS BANK OF MILTON, THE 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 | 300,535,000 | 301,084,000 | 297,099,000 | 304,504,000 |
| Total loans | 181,974,000 | 189,912,000 | 196,049,000 | 200,564,000 |
| Allowance for loan losses | 1,629,000 | 1,668,000 | 1,686,000 | 1,704,000 |
| Securities available for sale | 99,126,000 | 90,684,000 | 80,005,000 | 83,878,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 257,608,000 | 253,435,000 | 242,711,000 | 247,810,000 |
| Interest-bearing deposits | 189,551,000 | 190,030,000 | 185,456,000 | 182,789,000 |
| Noninterest-bearing deposits | 68,057,000 | 63,405,000 | 57,255,000 | 65,021,000 |
| Equity capital | 25,391,000 | 24,165,000 | 21,128,000 | 24,812,000 |
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 | 2,900,000 | 6,136,000 | 9,542,000 | 13,080,000 |
| Interest expense | 1,070,000 | 2,260,000 | 3,659,000 | 5,277,000 |
| Net interest income | 1,830,000 | 3,876,000 | 5,883,000 | 7,803,000 |
| Noninterest income | 173,000 | 351,000 | 565,000 | 751,000 |
| Noninterest expense | 1,701,000 | 3,455,000 | 5,253,000 | 7,067,000 |
| Provision for loan losses | 56,000 | 97,000 | 97,000 | -103,000 |
| Pretax income | 246,000 | 587,000 | 905,000 | 1,397,000 |
| Income tax | 49,000 | 60,000 | 118,000 | 133,000 |
| Net income | 197,000 | 527,000 | 787,000 | 1,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,756,000 | 37,759,000 | 37,691,000 | 37,840,000 |
| Total capital | 39,385,000 | 39,427,000 | 39,377,000 | 39,544,000 |
| Risk-weighted assets | 198,213,000 | 201,712,000 | 206,848,000 | 207,520,000 |