Call reports 2007
FARMERS STATE BANK OF SHERBURN — 2007
What FARMERS STATE BANK OF SHERBURN reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 26,771,000 | 27,414,000 | 27,178,000 | 27,934,000 |
| Total loans | 17,795,000 | 17,901,000 | 17,660,000 | 18,070,000 |
| Allowance for loan losses | 301,000 | 301,000 | 301,000 | 301,000 |
| Securities available for sale | 3,260,000 | 3,595,000 | 3,633,000 | 3,865,000 |
| Securities held to maturity | 551,000 | 851,000 | 851,000 | 835,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,101,000 | 24,700,000 | 24,343,000 | 25,033,000 |
| Interest-bearing deposits | 20,237,000 | 19,984,000 | 20,673,000 | 20,904,000 |
| Noninterest-bearing deposits | 3,864,000 | 4,716,000 | 3,670,000 | 4,129,000 |
| Equity capital | 2,302,000 | 2,337,000 | 2,388,000 | 2,424,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 433,000 | 874,000 | 1,324,000 | 1,764,000 |
| Interest expense | 156,000 | 322,000 | 500,000 | 682,000 |
| Net interest income | 277,000 | 552,000 | 824,000 | 1,082,000 |
| Noninterest income | 35,000 | 64,000 | 95,000 | 130,000 |
| Noninterest expense | 179,000 | 348,000 | 587,000 | 861,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 133,000 | 268,000 | 332,000 | 351,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 133,000 | 268,000 | 332,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,316,000 | 2,357,000 | 2,376,000 | 2,387,000 |
| Total capital | 2,570,000 | 2,616,000 | 2,633,000 | 2,649,000 |
| Risk-weighted assets | 20,248,000 | 20,662,000 | 20,541,000 | 20,926,000 |