Call reports 2023
KENTUCKY FARMERS BANK CORPORATION — 2023
What KENTUCKY FARMERS BANK CORPORATION 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 | 287,354,000 | 280,220,000 | 272,895,000 | 275,822,000 |
| Total loans | 164,643,000 | 163,097,000 | 164,657,000 | 164,882,000 |
| Allowance for loan losses | 1,693,000 | 1,696,000 | 1,663,000 | 1,681,000 |
| Securities available for sale | 96,066,000 | 97,365,000 | 92,656,000 | 92,510,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,789,000 | 237,926,000 | 232,099,000 | 228,655,000 |
| Interest-bearing deposits | 185,461,000 | 178,797,000 | 171,805,000 | 171,244,000 |
| Noninterest-bearing deposits | 60,329,000 | 59,130,000 | 60,294,000 | 57,411,000 |
| Equity capital | 40,841,000 | 41,424,000 | 39,652,000 | 46,259,000 |
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 | 3,440,000 | 7,065,000 | 10,709,000 | 14,414,000 |
| Interest expense | 330,000 | 917,000 | 1,622,000 | 2,368,000 |
| Net interest income | 3,110,000 | 6,148,000 | 9,087,000 | 12,046,000 |
| Noninterest income | 555,000 | 1,205,000 | 1,784,000 | 2,357,000 |
| Noninterest expense | 1,922,000 | 3,709,000 | 5,726,000 | 7,883,000 |
| Provision for loan losses | 178,000 | 108,000 | 99,000 | 149,000 |
| Pretax income | 1,607,000 | 3,581,000 | 5,087,000 | 6,133,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,607,000 | 3,581,000 | 5,087,000 | 6,133,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,301,000 | 47,891,000 | 49,012,000 | 49,674,000 |
| Total capital | 47,994,000 | 49,587,000 | 50,675,000 | 51,355,000 |
| Risk-weighted assets | 198,596,000 | 200,715,000 | 201,517,000 | 194,562,000 |