Call reports 2001
FARMERS STATE BANK OF SHERBURN — 2001
What FARMERS STATE BANK OF SHERBURN reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 24,164,000 | 22,859,000 | 23,339,000 | 24,284,000 |
| Total loans | 15,404,000 | 14,755,000 | 14,145,000 | 13,279,000 |
| Allowance for loan losses | 371,000 | 372,000 | 372,000 | 341,000 |
| Securities available for sale | 4,137,000 | 3,047,000 | 3,762,000 | 4,032,000 |
| Securities held to maturity | 694,000 | 644,000 | 704,000 | 629,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,772,000 | 20,406,000 | 20,792,000 | 21,627,000 |
| Interest-bearing deposits | 19,530,000 | 17,923,000 | 18,561,000 | 18,907,000 |
| Noninterest-bearing deposits | 2,242,000 | 2,483,000 | 2,231,000 | 2,720,000 |
| Equity capital | 2,146,000 | 2,253,000 | 2,351,000 | 2,421,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 469,000 | 902,000 | 1,317,000 | 1,698,000 |
| Interest expense | 246,000 | 470,000 | 687,000 | 883,000 |
| Net interest income | 223,000 | 432,000 | 630,000 | 815,000 |
| Noninterest income | 41,000 | 76,000 | 109,000 | 174,000 |
| Noninterest expense | 160,000 | 301,000 | 448,000 | 629,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 104,000 | 207,000 | 291,000 | 360,000 |
| Income tax | 20,000 | 34,000 | 34,000 | 54,000 |
| Net income | 84,000 | 173,000 | 257,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,117,000 | 2,206,000 | 2,289,000 | 2,338,000 |
| Total capital | 2,339,000 | 2,421,000 | 2,495,000 | 2,532,000 |
| Risk-weighted assets | 17,761,000 | 17,047,000 | 16,346,000 | 15,385,000 |