Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE 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 | 461,723,000 | 452,616,000 | 457,192,000 | 464,200,000 |
| Total loans | 334,617,000 | 342,388,000 | 356,162,000 | 358,165,000 |
| Allowance for loan losses | 3,506,000 | 3,529,000 | 3,655,000 | 3,970,000 |
| Securities available for sale | 54,881,000 | 55,756,000 | 53,247,000 | 52,797,000 |
| Securities held to maturity | 5,829,000 | 5,828,000 | 5,355,000 | 5,317,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 387,142,000 | 382,020,000 | 362,035,000 | 372,683,000 |
| Interest-bearing deposits | 315,576,000 | 310,101,000 | 295,577,000 | 308,933,000 |
| Noninterest-bearing deposits | 71,566,000 | 71,919,000 | 66,458,000 | 63,751,000 |
| Equity capital | 40,310,000 | 39,860,000 | 39,207,000 | 39,063,000 |
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 | 7,046,000 | 13,687,000 | 20,203,000 | 26,554,000 |
| Interest expense | 2,674,000 | 4,930,000 | 7,074,000 | 9,208,000 |
| Net interest income | 4,372,000 | 8,757,000 | 13,129,000 | 17,346,000 |
| Noninterest income | 985,000 | 1,968,000 | 3,009,000 | 3,701,000 |
| Noninterest expense | 3,549,000 | 7,034,000 | 10,537,000 | 14,292,000 |
| Provision for loan losses | 155,000 | 310,000 | 675,000 | 1,245,000 |
| Pretax income | 1,653,000 | 3,381,000 | 2,528,000 | 2,499,000 |
| Income tax | 358,000 | 800,000 | 267,000 | 114,000 |
| Net income | 1,295,000 | 2,581,000 | 2,261,000 | 2,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,833,000 | 34,150,000 | 33,399,000 | 33,252,000 |
| Total capital | 37,339,000 | 37,679,000 | 37,054,000 | 37,222,000 |
| Risk-weighted assets | 311,685,000 | 315,935,000 | 325,282,000 | 328,432,000 |