Call reports 2004
FARMERS STATE BANK OF SHERBURN — 2004
What FARMERS STATE BANK OF SHERBURN reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 25,805,000 | 24,611,000 | 24,489,000 | 25,252,000 |
| Total loans | 15,707,000 | 16,460,000 | 17,373,000 | 16,317,000 |
| Allowance for loan losses | 290,000 | 293,000 | 300,000 | 256,000 |
| Securities available for sale | 3,316,000 | 4,023,000 | 3,057,000 | 2,654,000 |
| Securities held to maturity | 411,000 | 581,000 | 632,000 | 622,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,133,000 | 21,968,000 | 21,717,000 | 22,456,000 |
| Interest-bearing deposits | 20,384,000 | 19,119,000 | 18,702,000 | 18,490,000 |
| Noninterest-bearing deposits | 2,749,000 | 2,849,000 | 3,015,000 | 3,966,000 |
| Equity capital | 2,474,000 | 2,446,000 | 2,577,000 | 2,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 304,000 | 617,000 | 969,000 | 1,308,000 |
| Interest expense | 87,000 | 171,000 | 252,000 | 335,000 |
| Net interest income | 217,000 | 446,000 | 717,000 | 973,000 |
| Noninterest income | 46,000 | 84,000 | 101,000 | 135,000 |
| Noninterest expense | 157,000 | 308,000 | 468,000 | 706,000 |
| Provision for loan losses | 9,000 | 18,000 | 24,000 | -11,000 |
| Pretax income | 97,000 | 204,000 | 326,000 | 413,000 |
| Income tax | 0 | 0 | 0 | 35,000 |
| Net income | 97,000 | 204,000 | 326,000 | 378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,437,000 | 2,482,000 | 2,574,000 | 2,596,000 |
| Total capital | 2,665,000 | 2,716,000 | 2,812,000 | 2,814,000 |
| Risk-weighted assets | 18,154,000 | 18,652,000 | 18,990,000 | 17,386,000 |