Call reports 2023
UNITED FARMERS STATE BANK — 2023
What UNITED FARMERS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 191,975,000 | 190,594,000 | 184,319,000 | 198,976,000 |
| Total loans | 164,348,000 | 163,233,000 | 163,920,000 | 178,040,000 |
| Allowance for loan losses | 2,728,000 | 2,704,000 | 2,676,000 | 2,676,000 |
| Securities available for sale | 13,491,000 | 13,190,000 | 12,393,000 | 13,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,754,000 | 168,049,000 | 161,689,000 | 169,722,000 |
| Interest-bearing deposits | 129,356,000 | 127,265,000 | 120,464,000 | 121,771,000 |
| Noninterest-bearing deposits | 43,398,000 | 40,784,000 | 41,225,000 | 47,951,000 |
| Equity capital | 18,389,000 | 18,554,000 | 18,496,000 | 18,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,046,000 | 4,191,000 | 6,396,000 | 8,713,000 |
| Interest expense | 405,000 | 911,000 | 1,499,000 | 2,160,000 |
| Net interest income | 1,641,000 | 3,280,000 | 4,897,000 | 6,553,000 |
| Noninterest income | 90,000 | 196,000 | 290,000 | 394,000 |
| Noninterest expense | 788,000 | 1,682,000 | 2,484,000 | 3,465,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 943,000 | 1,794,000 | 2,703,000 | 3,557,000 |
| Income tax | 82,000 | 158,000 | 235,000 | 312,000 |
| Net income | 861,000 | 1,636,000 | 2,468,000 | 3,245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,732,000 | 21,038,000 | 21,614,000 | 20,301,000 |