Call reports 2005
FARMERS STATE BANK OF SHERBURN — 2005
What FARMERS STATE BANK OF SHERBURN reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 25,122,000 | 25,206,000 | 25,538,000 | 26,135,000 |
| Total loans | 16,837,000 | 17,169,000 | 17,023,000 | 17,682,000 |
| Allowance for loan losses | 265,000 | 271,000 | 280,000 | 289,000 |
| Securities available for sale | 3,206,000 | 3,222,000 | 3,211,000 | 3,562,000 |
| Securities held to maturity | 722,000 | 884,000 | 853,000 | 748,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,519,000 | 22,403,000 | 23,035,000 | 23,596,000 |
| Interest-bearing deposits | 19,564,000 | 19,498,000 | 20,458,000 | 19,940,000 |
| Noninterest-bearing deposits | 2,955,000 | 2,905,000 | 2,577,000 | 3,656,000 |
| Equity capital | 2,384,000 | 2,578,000 | 2,265,000 | 2,274,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 342,000 | 694,000 | 1,066,000 | 1,457,000 |
| Interest expense | 84,000 | 176,000 | 280,000 | 397,000 |
| Net interest income | 258,000 | 518,000 | 786,000 | 1,060,000 |
| Noninterest income | 39,000 | 183,000 | 215,000 | 243,000 |
| Noninterest expense | 166,000 | 325,000 | 490,000 | 742,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 122,000 | 358,000 | 484,000 | 525,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 122,000 | 358,000 | 484,000 | 525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,443,000 | 2,617,000 | 2,315,000 | 2,329,000 |
| Total capital | 2,666,000 | 2,861,000 | 2,561,000 | 2,579,000 |
| Risk-weighted assets | 18,539,000 | 19,519,000 | 19,606,000 | 19,949,000 |