Call reports 2008
FARMERS BANK OF WILLARDS, THE — 2008
What FARMERS BANK OF WILLARDS, 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 | 282,272,000 | 282,243,000 | 291,012,000 | 299,360,000 |
| Total loans | 249,447,000 | 252,292,000 | 258,518,000 | 266,060,000 |
| Allowance for loan losses | 1,992,000 | 1,923,000 | 1,989,000 | 2,516,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,266,000 | 10,780,000 | 9,924,000 | 9,308,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,207,000 | 223,943,000 | 215,847,000 | 223,710,000 |
| Interest-bearing deposits | 192,922,000 | 191,219,000 | 186,927,000 | 193,317,000 |
| Noninterest-bearing deposits | 31,285,000 | 32,724,000 | 28,920,000 | 30,393,000 |
| Equity capital | 28,816,000 | 29,059,000 | 29,796,000 | 29,392,000 |
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 | 4,809,000 | 9,320,000 | 13,928,000 | 18,468,000 |
| Interest expense | 2,178,000 | 4,187,000 | 6,089,000 | 7,987,000 |
| Net interest income | 2,631,000 | 5,133,000 | 7,839,000 | 10,481,000 |
| Noninterest income | 166,000 | 438,000 | 715,000 | 842,000 |
| Noninterest expense | 1,675,000 | 3,397,000 | 5,122,000 | 6,867,000 |
| Provision for loan losses | 114,000 | 327,000 | 436,000 | 1,184,000 |
| Pretax income | 1,009,000 | 1,848,000 | 2,999,000 | 3,274,000 |
| Income tax | 357,000 | 639,000 | 1,053,000 | 1,114,000 |
| Net income | 652,000 | 1,209,000 | 1,946,000 | 2,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,816,000 | 29,059,000 | 29,796,000 | 29,392,000 |
| Total capital | 30,826,000 | 31,000,000 | 31,803,000 | 31,926,000 |
| Risk-weighted assets | 220,238,000 | 217,836,000 | 227,001,000 | 231,869,000 |