Call reports 2008
FARMERS STATE BANK, THE — 2008
What FARMERS STATE BANK, THE 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 | 61,057,000 | 58,574,000 | 56,737,000 | 58,468,000 |
| Total loans | 42,856,000 | 43,517,000 | 44,395,000 | 44,013,000 |
| Allowance for loan losses | 548,000 | 555,000 | 565,000 | 567,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,685,000 | 5,664,000 | 5,417,000 | 5,415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,529,000 | 43,376,000 | 41,941,000 | 43,956,000 |
| Interest-bearing deposits | 39,672,000 | 37,137,000 | 36,671,000 | 38,251,000 |
| Noninterest-bearing deposits | 5,857,000 | 6,239,000 | 5,270,000 | 5,705,000 |
| Equity capital | 6,272,000 | 6,310,000 | 6,372,000 | 6,401,000 |
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 | 858,000 | 1,663,000 | 2,455,000 | 3,239,000 |
| Interest expense | 378,000 | 726,000 | 1,051,000 | 1,377,000 |
| Net interest income | 480,000 | 937,000 | 1,404,000 | 1,862,000 |
| Noninterest income | 90,000 | 185,000 | 266,000 | 361,000 |
| Noninterest expense | 445,000 | 890,000 | 1,367,000 | 1,831,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 125,000 | 232,000 | 303,000 | 392,000 |
| Income tax | 41,000 | 71,000 | 80,000 | 100,000 |
| Net income | 84,000 | 161,000 | 223,000 | 292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,272,000 | 6,310,000 | 6,372,000 | 6,401,000 |
| Total capital | 6,733,000 | 6,784,000 | 6,844,000 | 6,863,000 |
| Risk-weighted assets | 36,758,000 | 37,824,000 | 37,636,000 | 37,694,000 |