Call reports 2024
FARMERS BANK AND TRUST COMPANY — 2024
What FARMERS BANK AND TRUST COMPANY 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 | 202,370,000 | 203,651,000 | 205,359,000 | 218,634,000 |
| Total loans | 132,796,000 | 138,238,000 | 143,892,000 | 158,975,000 |
| Allowance for loan losses | 1,853,000 | 1,873,000 | 1,896,000 | 1,912,000 |
| Securities available for sale | 49,717,000 | 49,657,000 | 48,346,000 | 45,244,000 |
| Securities held to maturity | 1,862,000 | 1,861,000 | 1,860,000 | 1,860,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,877,000 | 187,031,000 | 184,010,000 | 193,942,000 |
| Interest-bearing deposits | 147,789,000 | 148,104,000 | 143,916,000 | 151,240,000 |
| Noninterest-bearing deposits | 40,088,000 | 38,927,000 | 40,094,000 | 42,702,000 |
| Equity capital | 13,129,000 | 13,686,000 | 15,422,000 | 13,841,000 |
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 | 2,446,000 | 4,967,000 | 7,571,000 | 10,388,000 |
| Interest expense | 921,000 | 1,901,000 | 2,927,000 | 3,956,000 |
| Net interest income | 1,525,000 | 3,066,000 | 4,644,000 | 6,432,000 |
| Noninterest income | 362,000 | 808,000 | 1,212,000 | 1,600,000 |
| Noninterest expense | 1,382,000 | 2,765,000 | 4,201,000 | 5,632,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 475,000 | 1,049,000 | 1,565,000 | 2,280,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 475,000 | 1,049,000 | 1,565,000 | 2,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,890,000 | 20,174,000 | 20,401,000 | 20,236,000 |