Call reports 2003
FARMERS BANK OF WILLARDS, THE — 2003
What FARMERS BANK OF WILLARDS, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 149,150,000 | 161,152,000 | 164,249,000 | 165,980,000 |
| Total loans | 110,414,000 | 120,278,000 | 125,914,000 | 126,945,000 |
| Allowance for loan losses | 1,211,000 | 1,295,000 | 1,345,000 | 1,280,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,418,000 | 18,084,000 | 16,771,000 | 19,013,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,625,000 | 146,970,000 | 149,342,000 | 150,881,000 |
| Interest-bearing deposits | 120,589,000 | 131,345,000 | 130,910,000 | 132,317,000 |
| Noninterest-bearing deposits | 15,036,000 | 15,625,000 | 18,432,000 | 18,564,000 |
| Equity capital | 12,961,000 | 13,645,000 | 14,145,000 | 14,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,307,000 | 4,717,000 | 7,251,000 | 9,772,000 |
| Interest expense | 829,000 | 1,595,000 | 2,340,000 | 3,077,000 |
| Net interest income | 1,478,000 | 3,122,000 | 4,911,000 | 6,695,000 |
| Noninterest income | 103,000 | 288,000 | 388,000 | 512,000 |
| Noninterest expense | 886,000 | 1,752,000 | 2,651,000 | 3,581,000 |
| Provision for loan losses | 90,000 | 180,000 | 355,000 | 520,000 |
| Pretax income | 605,000 | 1,478,000 | 2,293,000 | 3,106,000 |
| Income tax | 182,000 | 371,000 | 686,000 | 1,038,000 |
| Net income | 423,000 | 1,107,000 | 1,607,000 | 2,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,961,000 | 13,645,000 | 14,145,000 | 14,222,000 |
| Total capital | 14,168,000 | 14,940,000 | 15,490,000 | 15,502,000 |
| Risk-weighted assets | 96,525,000 | 104,021,000 | 108,514,000 | 108,857,000 |