Call reports 2013
FARMERS BANK OF WILLARDS, THE — 2013
What FARMERS BANK OF WILLARDS, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 322,289,000 | 317,450,000 | 305,698,000 | 302,117,000 |
| Total loans | 265,941,000 | 264,682,000 | 259,380,000 | 266,342,000 |
| Allowance for loan losses | 6,250,000 | 6,620,000 | 6,804,000 | 6,715,000 |
| Securities available for sale | 3,706,000 | 3,666,000 | 3,085,000 | 2,794,000 |
| Securities held to maturity | 6,866,000 | 7,404,000 | 6,959,000 | 7,015,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,367,000 | 258,168,000 | 246,056,000 | 239,081,000 |
| Interest-bearing deposits | 218,864,000 | 214,564,000 | 202,611,000 | 197,143,000 |
| Noninterest-bearing deposits | 44,503,000 | 43,604,000 | 43,445,000 | 41,938,000 |
| Equity capital | 32,079,000 | 32,232,000 | 32,446,000 | 33,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,909,000 | 7,768,000 | 11,587,000 | 15,427,000 |
| Interest expense | 685,000 | 1,334,000 | 1,957,000 | 2,541,000 |
| Net interest income | 3,224,000 | 6,434,000 | 9,630,000 | 12,886,000 |
| Noninterest income | 281,000 | 470,000 | 588,000 | 688,000 |
| Noninterest expense | 1,891,000 | 3,895,000 | 5,779,000 | 7,729,000 |
| Provision for loan losses | 982,000 | 2,137,000 | 3,292,000 | 3,727,000 |
| Pretax income | 632,000 | 872,000 | 1,147,000 | 2,118,000 |
| Income tax | 224,000 | 294,000 | 375,000 | 728,000 |
| Net income | 408,000 | 578,000 | 772,000 | 1,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,233,000 | 30,435,000 | 30,645,000 | 31,800,000 |
| Total capital | 33,328,000 | 33,550,000 | 33,705,000 | 34,868,000 |
| Risk-weighted assets | 244,418,000 | 245,659,000 | 241,033,000 | 241,812,000 |