Call reports 2003
FARMERS BANK, THE — 2003
What FARMERS BANK, THE 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 | 72,811,000 | 75,728,000 | 75,223,000 | 75,650,000 |
| Total loans | 50,942,000 | 50,711,000 | 49,865,000 | 54,395,000 |
| Allowance for loan losses | 563,000 | 544,000 | 602,000 | 572,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,474,000 | 9,908,000 | 10,931,000 | 10,577,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,873,000 | 61,683,000 | 60,758,000 | 61,031,000 |
| Interest-bearing deposits | 45,893,000 | 48,362,000 | 47,622,000 | 48,337,000 |
| Noninterest-bearing deposits | 12,980,000 | 13,321,000 | 13,136,000 | 12,694,000 |
| Equity capital | 13,198,000 | 13,153,000 | 13,401,000 | 13,514,000 |
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 | 1,064,000 | 2,163,000 | 3,241,000 | 4,329,000 |
| Interest expense | 256,000 | 493,000 | 708,000 | 912,000 |
| Net interest income | 808,000 | 1,670,000 | 2,533,000 | 3,417,000 |
| Noninterest income | 162,000 | 359,000 | 541,000 | 797,000 |
| Noninterest expense | 570,000 | 1,126,000 | 1,683,000 | 2,361,000 |
| Provision for loan losses | 27,000 | 248,000 | 386,000 | 498,000 |
| Pretax income | 373,000 | 655,000 | 1,005,000 | 1,355,000 |
| Income tax | 97,000 | 184,000 | 286,000 | 394,000 |
| Net income | 276,000 | 471,000 | 719,000 | 961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,198,000 | 13,153,000 | 13,401,000 | 13,514,000 |
| Total capital | 13,761,000 | 13,697,000 | 14,003,000 | 14,086,000 |
| Risk-weighted assets | 54,692,000 | 55,269,000 | 55,035,000 | 58,553,000 |