Call reports 2024
FARMERS BANK OF MILTON, THE — 2024
What FARMERS BANK OF MILTON, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 304,380,000 | 306,827,000 | 312,998,000 | 310,807,000 |
| Total loans | 201,127,000 | 206,706,000 | 209,555,000 | 211,238,000 |
| Allowance for loan losses | 1,654,000 | 1,646,000 | 1,633,000 | 1,621,000 |
| Securities available for sale | 82,405,000 | 80,279,000 | 82,560,000 | 78,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,266,000 | 254,628,000 | 263,866,000 | 263,842,000 |
| Interest-bearing deposits | 190,742,000 | 190,114,000 | 198,838,000 | 200,421,000 |
| Noninterest-bearing deposits | 61,524,000 | 64,514,000 | 65,028,000 | 63,421,000 |
| Equity capital | 24,587,000 | 24,499,000 | 26,668,000 | 24,634,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,462,000 | 7,007,000 | 10,693,000 | 14,430,000 |
| Interest expense | 1,675,000 | 3,442,000 | 5,312,000 | 7,075,000 |
| Net interest income | 1,787,000 | 3,565,000 | 5,381,000 | 7,355,000 |
| Noninterest income | 248,000 | 440,000 | 633,000 | 830,000 |
| Noninterest expense | 1,747,000 | 3,495,000 | 5,394,000 | 7,048,000 |
| Provision for loan losses | -75,000 | -75,000 | -105,000 | -105,000 |
| Pretax income | 363,000 | 585,000 | 665,000 | 1,204,000 |
| Income tax | 58,000 | 57,000 | 29,000 | 86,000 |
| Net income | 305,000 | 528,000 | 636,000 | 1,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,145,000 | 38,040,000 | 37,925,000 | 38,276,000 |
| Total capital | 39,799,000 | 39,686,000 | 39,618,000 | 39,938,000 |
| Risk-weighted assets | 209,689,000 | 213,609,000 | 218,683,000 | 217,956,000 |