Call reports 2008
FARMERS NATIONAL BANK — 2008
What FARMERS NATIONAL BANK 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 | 63,159,000 | 62,861,000 | 66,005,000 | 68,765,000 |
| Total loans | 49,621,000 | 51,623,000 | 54,189,000 | 57,683,000 |
| Allowance for loan losses | 688,000 | 676,000 | 690,000 | 728,000 |
| Securities available for sale | 8,081,000 | 6,001,000 | 5,026,000 | 4,170,000 |
| Securities held to maturity | 470,000 | 470,000 | 472,000 | 472,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,358,000 | 50,725,000 | 55,072,000 | 57,649,000 |
| Interest-bearing deposits | 49,667,000 | 46,462,000 | 50,240,000 | 53,571,000 |
| Noninterest-bearing deposits | 4,691,000 | 4,263,000 | 4,832,000 | 4,078,000 |
| Equity capital | 6,872,000 | 7,001,000 | 6,991,000 | 7,127,000 |
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 | 1,055,000 | 2,129,000 | 3,166,000 | 4,269,000 |
| Interest expense | 405,000 | 741,000 | 1,086,000 | 1,442,000 |
| Net interest income | 650,000 | 1,388,000 | 2,080,000 | 2,827,000 |
| Noninterest income | 147,000 | 295,000 | 410,000 | 555,000 |
| Noninterest expense | 625,000 | 1,257,000 | 1,903,000 | 2,528,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 75,000 |
| Pretax income | 172,000 | 426,000 | 572,000 | 779,000 |
| Income tax | 57,000 | 142,000 | 190,000 | 259,000 |
| Net income | 115,000 | 284,000 | 382,000 | 520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,553,000 | 6,718,000 | 6,720,000 | 6,830,000 |
| Total capital | 7,136,000 | 7,318,000 | 7,346,000 | 7,492,000 |
| Risk-weighted assets | 46,503,000 | 47,933,000 | 49,984,000 | 52,895,000 |