Call reports 2008
FARMERS BANK, FRANKFORT, INDIANA, INC., THE — 2008
What FARMERS BANK, FRANKFORT, INDIANA, INC., THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 375,211,000 | 388,073,000 | 376,340,000 | 390,026,000 |
| Total loans | 228,853,000 | 234,245,000 | 232,239,000 | 246,888,000 |
| Allowance for loan losses | 3,406,000 | 3,153,000 | 3,324,000 | 3,288,000 |
| Securities available for sale | 58,583,000 | 58,984,000 | 63,110,000 | 66,471,000 |
| Securities held to maturity | 39,465,000 | 38,349,000 | 35,743,000 | 34,410,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,016,000 | 306,740,000 | 298,432,000 | 310,315,000 |
| Interest-bearing deposits | 238,501,000 | 247,381,000 | 241,900,000 | 244,453,000 |
| Noninterest-bearing deposits | 52,515,000 | 59,359,000 | 56,532,000 | 65,862,000 |
| Equity capital | 42,070,000 | 41,551,000 | 41,589,000 | 42,560,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,101,000 | 10,104,000 | 15,072,000 | 19,856,000 |
| Interest expense | 2,361,000 | 4,571,000 | 6,578,000 | 8,506,000 |
| Net interest income | 2,740,000 | 5,533,000 | 8,494,000 | 11,350,000 |
| Noninterest income | 1,068,000 | 2,296,000 | 3,309,000 | 4,282,000 |
| Noninterest expense | 2,758,000 | 5,778,000 | 8,861,000 | 11,980,000 |
| Provision for loan losses | 60,000 | -100,000 | -100,000 | -100,000 |
| Pretax income | 990,000 | 2,151,000 | 3,042,000 | 3,752,000 |
| Income tax | 197,000 | 435,000 | 601,000 | 704,000 |
| Net income | 793,000 | 1,716,000 | 2,441,000 | 3,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,761,000 | 41,216,000 | 40,788,000 | 41,489,000 |
| Total capital | 44,134,000 | 44,369,000 | 44,112,000 | 44,777,000 |
| Risk-weighted assets | 269,788,000 | 275,925,000 | 271,881,000 | 283,203,000 |