Call reports 2011
FARMERS EXCHANGE BANK — 2011
What FARMERS EXCHANGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 51,695,000 | 51,660,000 | 54,119,000 | 54,335,000 |
| Total loans | 29,764,000 | 31,296,000 | 31,083,000 | 30,244,000 |
| Allowance for loan losses | 461,000 | 491,000 | 492,000 | 512,000 |
| Securities available for sale | 9,968,000 | 10,709,000 | 11,546,000 | 11,672,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,707,000 | 44,520,000 | 46,815,000 | 47,108,000 |
| Interest-bearing deposits | 37,145,000 | 35,961,000 | 37,086,000 | 38,197,000 |
| Noninterest-bearing deposits | 7,561,000 | 8,560,000 | 9,729,000 | 8,911,000 |
| Equity capital | 6,771,000 | 6,840,000 | 6,914,000 | 6,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 604,000 | 1,235,000 | 1,869,000 | 2,498,000 |
| Interest expense | 85,000 | 160,000 | 230,000 | 294,000 |
| Net interest income | 519,000 | 1,075,000 | 1,639,000 | 2,204,000 |
| Noninterest income | 88,000 | 168,000 | 287,000 | 396,000 |
| Noninterest expense | 362,000 | 736,000 | 1,125,000 | 1,574,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 227,000 | 471,000 | 747,000 | 954,000 |
| Income tax | 77,000 | 159,000 | 249,000 | 312,000 |
| Net income | 150,000 | 312,000 | 498,000 | 642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,324,000 | 5,324,000 | 5,334,000 | 5,254,000 |
| Total capital | 5,785,000 | 5,815,000 | 5,826,000 | 5,766,000 |
| Risk-weighted assets | 41,442,000 | 41,786,000 | 42,187,000 | 41,347,000 |