Call reports 2023
FARMERS BANK, FRANKFORT, INDIANA, INC., THE — 2023
What FARMERS BANK, FRANKFORT, INDIANA, INC., THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 845,165,000 | 891,776,000 | 941,957,000 | 954,041,000 |
| Total loans | 599,725,000 | 633,282,000 | 655,738,000 | 682,314,000 |
| Allowance for loan losses | 7,003,000 | 7,361,000 | 8,601,000 | 8,476,000 |
| Securities available for sale | 186,758,000 | 181,035,000 | 172,896,000 | 186,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 671,756,000 | 665,796,000 | 702,014,000 | 703,195,000 |
| Interest-bearing deposits | 419,306,000 | 430,549,000 | 461,797,000 | 444,519,000 |
| Noninterest-bearing deposits | 252,450,000 | 235,247,000 | 240,217,000 | 258,676,000 |
| Equity capital | 75,057,000 | 73,181,000 | 65,758,000 | 75,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,826,000 | 20,065,000 | 31,447,000 | 43,916,000 |
| Interest expense | 2,959,000 | 6,697,000 | 11,371,000 | 16,699,000 |
| Net interest income | 6,867,000 | 13,368,000 | 20,076,000 | 27,217,000 |
| Noninterest income | 1,433,000 | 2,937,000 | 4,399,000 | 5,943,000 |
| Noninterest expense | 5,425,000 | 11,216,000 | 17,113,000 | 23,693,000 |
| Provision for loan losses | -665,000 | -310,000 | 210,000 | 82,000 |
| Pretax income | 3,540,000 | 5,399,000 | 7,152,000 | 9,457,000 |
| Income tax | 590,000 | 761,000 | 1,014,000 | 1,172,000 |
| Net income | 2,950,000 | 4,638,000 | 6,138,000 | 8,285,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,241,000 | 95,661,000 | 95,445,000 | 96,791,000 |
| Total capital | 102,244,000 | 103,022,000 | 104,305,000 | 105,454,000 |
| Risk-weighted assets | 780,609,000 | 817,120,000 | 835,368,000 | 844,899,000 |