Call reports 2014
FARMERS EXCHANGE BANK — 2014
What FARMERS EXCHANGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 56,047,000 | 58,108,000 | 56,385,000 | 58,813,000 |
| Total loans | 29,164,000 | 29,034,000 | 29,663,000 | 29,589,000 |
| Allowance for loan losses | 544,000 | 513,000 | 408,000 | 417,000 |
| Securities available for sale | 14,956,000 | 15,066,000 | 14,150,000 | 14,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,290,000 | 51,175,000 | 49,140,000 | 51,423,000 |
| Interest-bearing deposits | 39,353,000 | 40,537,000 | 39,029,000 | 39,692,000 |
| Noninterest-bearing deposits | 9,937,000 | 10,638,000 | 10,111,000 | 11,732,000 |
| Equity capital | 6,481,000 | 6,715,000 | 6,933,000 | 7,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,150,000 | 1,719,000 | 2,251,000 |
| Interest expense | 39,000 | 77,000 | 112,000 | 147,000 |
| Net interest income | 521,000 | 1,073,000 | 1,607,000 | 2,104,000 |
| Noninterest income | 71,000 | 132,000 | 265,000 | 384,000 |
| Noninterest expense | 405,000 | 797,000 | 1,229,000 | 1,642,000 |
| Provision for loan losses | 21,000 | 21,000 | -85,000 | -85,000 |
| Pretax income | 166,000 | 387,000 | 728,000 | 931,000 |
| Income tax | 46,000 | 115,000 | 231,000 | 289,000 |
| Net income | 120,000 | 272,000 | 497,000 | 642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,034,000 | 5,186,000 | 5,412,000 | 5,557,000 |
| Total capital | 5,419,000 | 5,566,000 | 5,794,000 | 5,915,000 |
| Risk-weighted assets | 30,654,000 | 30,257,000 | 30,531,000 | 30,624,000 |