Call reports 2024
KENTUCKY FARMERS BANK CORPORATION — 2024
What KENTUCKY FARMERS BANK CORPORATION 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 | 273,505,000 | 277,826,000 | 284,798,000 | 304,359,000 |
| Total loans | 164,789,000 | 162,757,000 | 160,386,000 | 154,999,000 |
| Allowance for loan losses | 1,644,000 | 1,651,000 | 1,597,000 | 1,599,000 |
| Securities available for sale | 89,418,000 | 91,203,000 | 93,234,000 | 104,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,791,000 | 229,825,000 | 233,587,000 | 259,253,000 |
| Interest-bearing deposits | 170,632,000 | 173,398,000 | 178,252,000 | 200,971,000 |
| Noninterest-bearing deposits | 56,159,000 | 56,427,000 | 55,335,000 | 58,282,000 |
| Equity capital | 46,219,000 | 46,718,000 | 49,881,000 | 43,825,000 |
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 | 3,707,000 | 7,463,000 | 11,289,000 | 15,147,000 |
| Interest expense | 781,000 | 1,620,000 | 2,483,000 | 3,372,000 |
| Net interest income | 2,926,000 | 5,843,000 | 8,806,000 | 11,775,000 |
| Noninterest income | 556,000 | 1,140,000 | 1,783,000 | 2,356,000 |
| Noninterest expense | 2,283,000 | 4,485,000 | 6,727,000 | 8,926,000 |
| Provision for loan losses | -23,000 | -26,000 | -82,000 | -76,000 |
| Pretax income | 1,221,000 | 2,523,000 | 3,946,000 | 5,350,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,221,000 | 2,523,000 | 3,946,000 | 5,350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,511,000 | 51,330,000 | 52,370,000 | 47,378,000 |
| Total capital | 52,155,000 | 52,981,000 | 53,967,000 | 48,977,000 |
| Risk-weighted assets | 191,889,000 | 188,151,000 | 185,686,000 | 179,127,000 |