Call reports 2013
FARMERS EXCHANGE BANK — 2013
What FARMERS EXCHANGE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 55,828,000 | 55,527,000 | 56,430,000 | 58,940,000 |
| Total loans | 31,300,000 | 31,871,000 | 30,519,000 | 29,784,000 |
| Allowance for loan losses | 537,000 | 571,000 | 566,000 | 520,000 |
| Securities available for sale | 12,565,000 | 12,492,000 | 12,482,000 | 13,049,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,830,000 | 48,483,000 | 49,270,000 | 51,830,000 |
| Interest-bearing deposits | 38,718,000 | 37,920,000 | 38,433,000 | 39,642,000 |
| Noninterest-bearing deposits | 10,112,000 | 10,562,000 | 10,837,000 | 12,188,000 |
| Equity capital | 6,736,000 | 6,720,000 | 6,790,000 | 6,796,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 582,000 | 1,184,000 | 1,773,000 | 2,362,000 |
| Interest expense | 46,000 | 88,000 | 129,000 | 168,000 |
| Net interest income | 536,000 | 1,096,000 | 1,644,000 | 2,194,000 |
| Noninterest income | 153,000 | 303,000 | 415,000 | 485,000 |
| Noninterest expense | 361,000 | 781,000 | 1,194,000 | 1,772,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 307,000 | 576,000 | 802,000 | 823,000 |
| Income tax | 102,000 | 193,000 | 284,000 | 280,000 |
| Net income | 205,000 | 383,000 | 518,000 | 543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,136,000 | 5,282,000 | 5,369,000 | 5,394,000 |
| Total capital | 5,669,000 | 5,820,000 | 5,894,000 | 5,789,000 |
| Risk-weighted assets | 42,591,000 | 43,003,000 | 41,985,000 | 31,503,000 |