Call reports 2024
FARMERS BANK OF WILLARDS, THE — 2024
What FARMERS BANK OF WILLARDS, THE 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 | 562,859,000 | 565,307,000 | 572,322,000 | 560,622,000 |
| Total loans | 377,907,000 | 373,352,000 | 374,669,000 | 372,622,000 |
| Allowance for loan losses | 3,783,000 | 3,991,000 | 4,146,000 | 4,152,000 |
| Securities available for sale | 74,435,000 | 76,404,000 | 79,478,000 | 52,364,000 |
| Securities held to maturity | 58,200,000 | 57,315,000 | 56,463,000 | 55,137,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 441,778,000 | 442,165,000 | 446,816,000 | 467,503,000 |
| Interest-bearing deposits | 300,800,000 | 293,574,000 | 297,737,000 | 326,040,000 |
| Noninterest-bearing deposits | 140,978,000 | 148,591,000 | 149,079,000 | 141,463,000 |
| Equity capital | 53,092,000 | 54,680,000 | 57,297,000 | 56,326,000 |
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 | 7,026,000 | 14,190,000 | 21,680,000 | 29,327,000 |
| Interest expense | 1,964,000 | 3,969,000 | 6,032,000 | 8,257,000 |
| Net interest income | 5,062,000 | 10,221,000 | 15,648,000 | 21,070,000 |
| Noninterest income | 487,000 | 1,047,000 | 1,626,000 | 2,122,000 |
| Noninterest expense | 3,656,000 | 7,329,000 | 10,865,000 | 14,598,000 |
| Provision for loan losses | 51,000 | 261,000 | 407,000 | 426,000 |
| Pretax income | 1,842,000 | 3,639,000 | 5,959,000 | 8,144,000 |
| Income tax | 455,000 | 887,000 | 1,454,000 | 1,954,000 |
| Net income | 1,387,000 | 2,752,000 | 4,505,000 | 6,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,144,000 | 56,509,000 | 58,225,000 | 57,932,000 |
| Total capital | 58,935,000 | 60,547,000 | — | 62,115,000 |
| Risk-weighted assets | 337,285,000 | 337,581,000 | — | 341,965,000 |