Call reports 2024
UNITED FARMERS STATE BANK — 2024
What UNITED FARMERS STATE BANK 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 | 197,076,000 | 205,783,000 | 209,487,000 | 218,714,000 |
| Total loans | 177,260,000 | 183,803,000 | 185,232,000 | 195,689,000 |
| Allowance for loan losses | 2,676,000 | 2,677,000 | 2,677,000 | 2,677,000 |
| Securities available for sale | 13,208,000 | 12,948,000 | 13,200,000 | 12,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,803,000 | 165,140,000 | 165,928,000 | 170,389,000 |
| Interest-bearing deposits | 126,974,000 | 128,381,000 | 130,401,000 | 133,295,000 |
| Noninterest-bearing deposits | 42,829,000 | 36,759,000 | 35,527,000 | 37,094,000 |
| Equity capital | 19,079,000 | 19,264,000 | 20,369,000 | 18,566,000 |
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 | 2,495,000 | 5,152,000 | 7,931,000 | 10,770,000 |
| Interest expense | 738,000 | 1,657,000 | 2,708,000 | 3,758,000 |
| Net interest income | 1,757,000 | 3,495,000 | 5,223,000 | 7,012,000 |
| Noninterest income | 111,000 | 219,000 | 337,000 | 455,000 |
| Noninterest expense | 845,000 | 1,843,000 | 2,632,000 | 3,554,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,046,000 | 1,892,000 | 2,960,000 | 3,932,000 |
| Income tax | 77,000 | 154,000 | 231,000 | 309,000 |
| Net income | 969,000 | 1,738,000 | 2,729,000 | 3,623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,271,000 | 21,545,000 | 22,199,000 | 20,816,000 |