Call reports 2008
FARMERS BANK — 2008
What FARMERS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 231,817,000 | 248,649,000 | 268,856,000 | 257,965,000 |
| Total loans | 199,202,000 | 223,561,000 | 240,345,000 | 235,628,000 |
| Allowance for loan losses | 1,329,000 | 1,502,000 | 3,036,000 | 2,963,000 |
| Securities available for sale | 11,568,000 | 11,468,000 | 11,525,000 | 11,629,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,728,000 | 179,036,000 | 203,194,000 | 188,689,000 |
| Interest-bearing deposits | 181,841,000 | 166,741,000 | 188,227,000 | 171,323,000 |
| Noninterest-bearing deposits | 13,887,000 | 12,294,000 | 14,967,000 | 17,366,000 |
| Equity capital | 21,232,000 | 23,247,000 | 25,107,000 | 26,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,012,000 | 8,043,000 | 12,273,000 | 16,298,000 |
| Interest expense | 2,132,000 | 4,103,000 | 6,174,000 | 8,153,000 |
| Net interest income | 1,880,000 | 3,940,000 | 6,099,000 | 8,145,000 |
| Noninterest income | 84,000 | 189,000 | 268,000 | 374,000 |
| Noninterest expense | 1,130,000 | 2,055,000 | 2,999,000 | 3,942,000 |
| Provision for loan losses | 150,000 | 390,000 | 1,991,000 | 2,091,000 |
| Pretax income | 936,000 | 1,936,000 | 1,629,000 | 2,991,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 936,000 | 1,936,000 | 1,629,000 | 2,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,868,000 | 21,003,000 | 22,639,000 | 23,961,000 |
| Total capital | 20,197,000 | 22,505,000 | 25,566,000 | 26,884,000 |
| Risk-weighted assets | 200,550,000 | 222,986,000 | 234,059,000 | 233,066,000 |