Call reports 2009
FARMERS STATE BANK OF SHERBURN — 2009
What FARMERS STATE BANK OF SHERBURN reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 28,187,000 | 27,430,000 | 27,264,000 | 28,988,000 |
| Total loans | 17,938,000 | 17,869,000 | 17,672,000 | 18,089,000 |
| Allowance for loan losses | 300,000 | 300,000 | 300,000 | 300,000 |
| Securities available for sale | 2,094,000 | 1,587,000 | 1,662,000 | 1,052,000 |
| Securities held to maturity | 330,000 | 330,000 | 391,000 | 271,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,300,000 | 24,517,000 | 24,286,000 | 26,035,000 |
| Interest-bearing deposits | 17,557,000 | 20,742,000 | 20,722,000 | 21,069,000 |
| Noninterest-bearing deposits | 7,743,000 | 3,775,000 | 3,564,000 | 4,966,000 |
| Equity capital | 2,413,000 | 2,436,000 | 2,503,000 | 2,448,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 708,000 | 1,058,000 | 1,396,000 |
| Interest expense | 109,000 | 212,000 | 314,000 | 411,000 |
| Net interest income | 248,000 | 496,000 | 744,000 | 985,000 |
| Noninterest income | 36,000 | 68,000 | 101,000 | 132,000 |
| Noninterest expense | 179,000 | 362,000 | 545,000 | 829,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 105,000 | 202,000 | 300,000 | 288,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 105,000 | 202,000 | 300,000 | 288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,361,000 | 2,397,000 | 2,462,000 | 2,417,000 |
| Total capital | 2,619,000 | 2,646,000 | 2,720,000 | 2,679,000 |
| Risk-weighted assets | 20,587,000 | 19,895,000 | 20,615,000 | 20,952,000 |