Call reports 2024
FARMERS BANK — 2024
What FARMERS 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 | 295,639,000 | 300,343,000 | 300,596,000 | 293,138,000 |
| Total loans | 163,089,000 | 170,575,000 | 173,261,000 | 171,019,000 |
| Allowance for loan losses | 3,140,000 | 3,143,000 | 3,143,000 | 3,143,000 |
| Securities available for sale | 81,989,000 | 78,184,000 | 80,969,000 | 86,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 278,359,000 | 281,141,000 | 278,122,000 | 275,921,000 |
| Interest-bearing deposits | 217,146,000 | 221,583,000 | 210,191,000 | 211,124,000 |
| Noninterest-bearing deposits | 61,213,000 | 59,558,000 | 67,931,000 | 64,797,000 |
| Equity capital | 15,591,000 | 17,776,000 | 20,171,000 | 15,673,000 |
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 | 4,382,000 | 8,851,000 | 13,531,000 | 17,896,000 |
| Interest expense | 1,363,000 | 2,876,000 | 4,465,000 | 5,853,000 |
| Net interest income | 3,019,000 | 5,975,000 | 9,066,000 | 12,043,000 |
| Noninterest income | 80,000 | 223,000 | 343,000 | 396,000 |
| Noninterest expense | 1,637,000 | 3,296,000 | 4,987,000 | 6,671,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,462,000 | 2,902,000 | 4,362,000 | 5,708,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,462,000 | 2,902,000 | 4,362,000 | 5,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,711,000 | 39,701,000 | 39,311,000 | 38,957,000 |