Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 148,749,000 | 146,918,000 | 148,073,000 | 150,249,000 |
| Total loans | 121,011,000 | 120,353,000 | 121,079,000 | 121,596,000 |
| Allowance for loan losses | 2,800,000 | 2,856,000 | 2,908,000 | 2,870,000 |
| Securities available for sale | 19,141,000 | 18,853,000 | 19,100,000 | 18,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,249,000 | 128,800,000 | 128,666,000 | 131,462,000 |
| Interest-bearing deposits | 98,137,000 | 97,893,000 | 97,788,000 | 99,183,000 |
| Noninterest-bearing deposits | 33,112,000 | 30,907,000 | 30,878,000 | 32,279,000 |
| Equity capital | 16,684,000 | 16,950,000 | 18,193,000 | 17,479,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,039,000 | 4,257,000 | 6,525,000 | 8,823,000 |
| Interest expense | 354,000 | 834,000 | 1,306,000 | 1,777,000 |
| Net interest income | 1,685,000 | 3,423,000 | 5,219,000 | 7,046,000 |
| Noninterest income | 124,000 | 261,000 | 403,000 | 536,000 |
| Noninterest expense | 1,130,000 | 2,317,000 | 3,496,000 | 4,728,000 |
| Provision for loan losses | 8,000 | 66,000 | 166,000 | 196,000 |
| Pretax income | 649,000 | 1,307,000 | 2,012,000 | 2,710,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 649,000 | 1,307,000 | 2,012,000 | 2,710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,201,000 | 19,384,000 | 20,088,000 | 19,837,000 |
| Total capital | 20,708,000 | 20,878,000 | — | 21,339,000 |
| Risk-weighted assets | 118,966,000 | 118,050,000 | — | 118,732,000 |