Call reports 2003
FARMERS BANK — 2003
What FARMERS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 62,739,000 | 65,823,000 | 67,347,000 | 71,280,000 |
| Total loans | 50,361,000 | 55,360,000 | 57,453,000 | 61,665,000 |
| Allowance for loan losses | 355,000 | 362,000 | 395,000 | 400,000 |
| Securities available for sale | 5,676,000 | 3,655,000 | 3,807,000 | 3,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,259,000 | 54,616,000 | 55,938,000 | 59,686,000 |
| Interest-bearing deposits | 46,875,000 | 47,700,000 | 49,888,000 | 51,871,000 |
| Noninterest-bearing deposits | 5,384,000 | 6,916,000 | 6,050,000 | 7,816,000 |
| Equity capital | 8,250,000 | 8,468,000 | 8,662,000 | 8,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 955,000 | 1,957,000 | 2,976,000 | 4,004,000 |
| Interest expense | 322,000 | 631,000 | 936,000 | 1,223,000 |
| Net interest income | 633,000 | 1,326,000 | 2,040,000 | 2,781,000 |
| Noninterest income | 48,000 | 107,000 | 160,000 | 220,000 |
| Noninterest expense | 353,000 | 722,000 | 1,090,000 | 1,457,000 |
| Provision for loan losses | 40,000 | 65,000 | 100,000 | 125,000 |
| Pretax income | 288,000 | 646,000 | 1,010,000 | 1,419,000 |
| Income tax | 98,000 | 240,000 | 392,000 | 548,000 |
| Net income | 190,000 | 406,000 | 618,000 | 871,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,517,000 | 5,754,000 | 5,984,000 | 6,259,000 |
| Total capital | 5,872,000 | 6,116,000 | 6,379,000 | 6,659,000 |
| Risk-weighted assets | 50,053,000 | 55,028,000 | 56,942,000 | 59,337,000 |