Call reports 2024
FARMERS STATE BANK OF MEDORA — 2024
What FARMERS STATE BANK OF MEDORA 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 | 22,264,000 | 21,611,000 | 20,921,000 | 21,611,000 |
| Total loans | 6,917,000 | 6,438,000 | 7,219,000 | 7,392,000 |
| Allowance for loan losses | 76,000 | 69,000 | 69,000 | 69,000 |
| Securities available for sale | 12,057,000 | 11,877,000 | 11,632,000 | 11,114,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,151,000 | 19,492,000 | 18,536,000 | 19,484,000 |
| Interest-bearing deposits | 12,710,000 | 12,145,000 | 12,344,000 | 12,493,000 |
| Noninterest-bearing deposits | 7,441,000 | 7,347,000 | 6,192,000 | 6,991,000 |
| Equity capital | 2,054,000 | 2,037,000 | 2,313,000 | 2,043,000 |
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 | 171,000 | 338,000 | 502,000 | 671,000 |
| Interest expense | 17,000 | 37,000 | 63,000 | 92,000 |
| Net interest income | 154,000 | 301,000 | 439,000 | 579,000 |
| Noninterest income | 4,000 | 6,000 | 9,000 | 14,000 |
| Noninterest expense | 162,000 | 308,000 | 456,000 | 620,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -4,000 | -1,000 | -8,000 | -27,000 |
| Income tax | 0 | 18,000 | 19,000 | 24,000 |
| Net income | -4,000 | -19,000 | -27,000 | -51,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,172,000 | 3,166,000 | 3,159,000 | 3,135,000 |
| Total capital | 3,248,000 | 3,235,000 | 3,228,000 | 3,204,000 |
| Risk-weighted assets | 10,467,000 | 10,334,000 | 10,297,000 | 10,498,000 |