Call reports 2002
FARMERS BANK — 2002
What FARMERS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 44,863,000 | 51,255,000 | 56,639,000 | 62,164,000 |
| Total loans | 32,886,000 | 41,221,000 | 46,946,000 | 46,320,000 |
| Allowance for loan losses | 397,000 | 402,000 | 415,000 | 386,000 |
| Securities available for sale | 4,506,000 | 4,365,000 | 3,719,000 | 4,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,242,000 | 41,380,000 | 46,586,000 | 51,898,000 |
| Interest-bearing deposits | 33,014,000 | 37,759,000 | 41,315,000 | 46,341,000 |
| Noninterest-bearing deposits | 4,228,000 | 3,621,000 | 5,271,000 | 5,557,000 |
| Equity capital | 7,458,000 | 7,626,000 | 7,824,000 | 8,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 695,000 | 1,527,000 | 2,440,000 | 3,394,000 |
| Interest expense | 263,000 | 544,000 | 859,000 | 1,194,000 |
| Net interest income | 432,000 | 983,000 | 1,581,000 | 2,200,000 |
| Noninterest income | 52,000 | 114,000 | 172,000 | 237,000 |
| Noninterest expense | 305,000 | 636,000 | 969,000 | 1,308,000 |
| Provision for loan losses | 0 | 10,000 | 30,000 | 30,000 |
| Pretax income | 179,000 | 451,000 | 754,000 | 1,099,000 |
| Income tax | 38,000 | 178,000 | 305,000 | 409,000 |
| Net income | 141,000 | 273,000 | 449,000 | 690,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,699,000 | 4,851,000 | 5,048,000 | 5,307,000 |
| Total capital | 5,096,000 | 5,253,000 | 5,463,000 | 5,693,000 |
| Risk-weighted assets | 34,382,000 | 39,688,000 | 44,246,000 | 47,658,000 |