Call reports 2003
FARMERS NATIONAL BANK — 2003
What FARMERS NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 57,591,000 | 56,157,000 | 56,361,000 | 53,894,000 |
| Total loans | 42,873,000 | 42,929,000 | 42,340,000 | 41,077,000 |
| Allowance for loan losses | 1,008,000 | 998,000 | 896,000 | 897,000 |
| Securities available for sale | 5,104,000 | 5,093,000 | 5,065,000 | 4,043,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 899,000 | 808,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,584,000 | 45,977,000 | 46,123,000 | 43,616,000 |
| Interest-bearing deposits | 44,600,000 | 42,490,000 | 41,880,000 | 39,965,000 |
| Noninterest-bearing deposits | 2,984,000 | 3,487,000 | 4,243,000 | 3,651,000 |
| Equity capital | 4,794,000 | 4,972,000 | 5,028,000 | 5,090,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 821,000 | 1,648,000 | 2,444,000 | 3,200,000 |
| Interest expense | 313,000 | 600,000 | 860,000 | 1,086,000 |
| Net interest income | 508,000 | 1,048,000 | 1,584,000 | 2,114,000 |
| Noninterest income | 180,000 | 331,000 | 498,000 | 653,000 |
| Noninterest expense | 547,000 | 1,063,000 | 1,590,000 | 2,107,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 25,000 |
| Pretax income | 141,000 | 316,000 | 482,000 | 635,000 |
| Income tax | 44,000 | 100,000 | 155,000 | 205,000 |
| Net income | 97,000 | 216,000 | 327,000 | 430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,457,000 | 4,642,000 | 4,716,000 | 4,792,000 |
| Total capital | 4,975,000 | 5,166,000 | 5,236,000 | 5,292,000 |
| Risk-weighted assets | 40,905,000 | 41,486,000 | 41,202,000 | 39,592,000 |