Call reports 2023
FARMERS BANK & TRUST — 2023
What FARMERS BANK & TRUST reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 157,158,000 | 151,896,000 | 150,328,000 | 154,405,000 |
| Total loans | 60,376,000 | 66,229,000 | 68,112,000 | 68,926,000 |
| Allowance for loan losses | 997,000 | 1,026,000 | 1,057,000 | 716,000 |
| Securities available for sale | 69,046,000 | 61,164,000 | 57,613,000 | 60,115,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,241,000 | 140,341,000 | 133,546,000 | 144,801,000 |
| Interest-bearing deposits | 120,337,000 | 115,021,000 | 110,839,000 | 123,349,000 |
| Noninterest-bearing deposits | 28,904,000 | 25,320,000 | 22,707,000 | 21,452,000 |
| Equity capital | 7,343,000 | 7,024,000 | 5,464,000 | 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 | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,512,000 | 3,101,000 | 4,616,000 | 6,204,000 |
| Interest expense | 414,000 | 881,000 | 1,486,000 | 2,231,000 |
| Net interest income | 1,098,000 | 2,220,000 | 3,130,000 | 3,973,000 |
| Noninterest income | 106,000 | 188,000 | 287,000 | 372,000 |
| Noninterest expense | 753,000 | 1,554,000 | 2,329,000 | 2,991,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | -250,000 |
| Pretax income | 514,000 | 978,000 | 1,186,000 | 1,400,000 |
| Income tax | 23,000 | 31,000 | 45,000 | 52,000 |
| Net income | 491,000 | 947,000 | 1,141,000 | 1,348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,869,000 | 13,276,000 | 13,420,000 | 13,577,000 |
| Total capital | 13,822,000 | 14,277,000 | 14,451,000 | 14,293,000 |
| Risk-weighted assets | 76,241,000 | 80,075,000 | 82,534,000 | 81,422,000 |