Call reports 2023
FARMERS NATIONAL BANK OF GRIGGSVILLE — 2023
What FARMERS NATIONAL BANK OF GRIGGSVILLE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 127,406,000 | 132,915,000 | 136,679,000 | 139,826,000 |
| Total loans | 102,198,000 | 110,958,000 | 114,269,000 | 117,170,000 |
| Allowance for loan losses | 1,278,000 | 1,301,000 | 1,379,000 | 1,412,000 |
| Securities available for sale | 14,929,000 | 13,972,000 | 12,611,000 | 11,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,988,000 | 113,410,000 | 115,235,000 | 120,616,000 |
| Interest-bearing deposits | 90,961,000 | 90,982,000 | 95,867,000 | 99,313,000 |
| Noninterest-bearing deposits | 22,027,000 | 22,428,000 | 19,368,000 | 21,303,000 |
| Equity capital | 12,529,000 | 12,686,000 | 12,666,000 | 13,580,000 |
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 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,526,000 | 3,213,000 | 5,073,000 | 7,162,000 |
| Interest expense | 353,000 | 803,000 | 1,423,000 | 2,152,000 |
| Net interest income | 1,173,000 | 2,410,000 | 3,650,000 | 5,010,000 |
| Noninterest income | 121,000 | 259,000 | 373,000 | 486,000 |
| Noninterest expense | 885,000 | 1,759,000 | 2,664,000 | 3,571,000 |
| Provision for loan losses | 30,000 | 60,000 | 135,000 | 210,000 |
| Pretax income | 379,000 | 850,000 | 1,224,000 | 1,715,000 |
| Income tax | 7,000 | 13,000 | 20,000 | -3,000 |
| Net income | 372,000 | 837,000 | 1,204,000 | 1,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,522,000 | 13,730,000 | 13,940,000 | 14,430,000 |
| Total capital | 14,800,000 | 15,031,000 | — | 15,842,000 |
| Risk-weighted assets | 106,047,000 | 111,165,000 | — | 119,077,000 |