Call reports 2023
FARMERS STATE BANK-HILLSBORO — 2023
What FARMERS STATE BANK-HILLSBORO reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 211,685,000 | 209,737,000 |
| Total loans | 120,286,000 | 122,866,000 |
| Allowance for loan losses | 903,000 | 903,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 75,711,000 | 74,715,000 |
| Trading assets | 0 | 0 |
| Total deposits | 174,247,000 | 171,613,000 |
| Interest-bearing deposits | 136,317,000 | 132,522,000 |
| Noninterest-bearing deposits | 37,930,000 | 39,091,000 |
| Equity capital | 36,998,000 | 37,816,000 |
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 |
|---|---|---|
| Interest income | 1,881,000 | 3,880,000 |
| Interest expense | 344,000 | 789,000 |
| Net interest income | 1,537,000 | 3,091,000 |
| Noninterest income | 88,000 | 192,000 |
| Noninterest expense | 598,000 | 1,267,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 1,027,000 | 2,016,000 |
| Income tax | 177,000 | 348,000 |
| Net income | 850,000 | 1,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 36,899,000 | 37,719,000 |