Call reports 2008
FARMERS STATE BANK, THE — 2008
What FARMERS STATE BANK, 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 | 91,578,000 | 95,278,000 | 95,309,000 | 98,266,000 |
| Total loans | 69,211,000 | 72,310,000 | 73,235,000 | 73,169,000 |
| Allowance for loan losses | 1,121,000 | 1,141,000 | 1,033,000 | 1,135,000 |
| Securities available for sale | 15,363,000 | 14,605,000 | 14,115,000 | 16,528,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,541,000 | 77,604,000 | 76,067,000 | 80,301,000 |
| Interest-bearing deposits | 69,327,000 | 68,575,000 | 68,577,000 | 70,931,000 |
| Noninterest-bearing deposits | 8,214,000 | 9,029,000 | 7,490,000 | 9,370,000 |
| Equity capital | 11,557,000 | 11,426,000 | 11,802,000 | 11,905,000 |
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 | 1,448,000 | 2,892,000 | 4,357,000 | 5,800,000 |
| Interest expense | 591,000 | 1,130,000 | 1,662,000 | 2,203,000 |
| Net interest income | 857,000 | 1,762,000 | 2,695,000 | 3,597,000 |
| Noninterest income | 168,000 | 284,000 | 382,000 | 525,000 |
| Noninterest expense | 807,000 | 1,536,000 | 2,304,000 | 3,232,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 126,000 |
| Pretax income | 232,000 | 512,000 | 763,000 | 804,000 |
| Income tax | 55,000 | 127,000 | 187,000 | 204,000 |
| Net income | 177,000 | 385,000 | 576,000 | 600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,535,000 | 11,703,000 | 11,874,000 | 11,878,000 |
| Total capital | 12,303,000 | 12,508,000 | 12,682,000 | 12,696,000 |
| Risk-weighted assets | 61,027,000 | 64,032,000 | 64,353,000 | 65,060,000 |