Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK 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 | 1,167,858,000 | 1,144,127,000 | 1,149,566,000 | 1,164,807,000 |
| Total loans | 745,826,000 | 753,281,000 | 774,871,000 | 794,937,000 |
| Allowance for loan losses | 7,003,000 | 7,030,000 | 7,161,000 | 7,145,000 |
| Securities available for sale | 219,258,000 | 204,920,000 | 200,281,000 | 168,286,000 |
| Securities held to maturity | 57,922,000 | 57,991,000 | 57,525,000 | 57,441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,056,901,000 | 1,022,845,000 | 1,028,498,000 | 1,054,445,000 |
| Interest-bearing deposits | 767,838,000 | 753,971,000 | 768,312,000 | 795,808,000 |
| Noninterest-bearing deposits | 289,064,000 | 268,873,000 | 260,187,000 | 258,637,000 |
| Equity capital | 89,150,000 | 90,026,000 | 89,520,000 | 98,104,000 |
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 | 11,575,000 | 23,724,000 | 36,347,000 | 49,807,000 |
| Interest expense | 3,049,000 | 6,471,000 | 10,376,000 | 14,908,000 |
| Net interest income | 8,526,000 | 17,253,000 | 25,971,000 | 34,899,000 |
| Noninterest income | 1,592,000 | 3,521,000 | 5,355,000 | 6,643,000 |
| Noninterest expense | 6,077,000 | 12,284,000 | 18,214,000 | 23,640,000 |
| Provision for loan losses | 0 | 48,000 | 192,000 | 192,000 |
| Pretax income | 4,065,000 | 8,218,000 | 12,696,000 | 14,774,000 |
| Income tax | 622,000 | 1,324,000 | 2,038,000 | 2,285,000 |
| Net income | 3,443,000 | 6,894,000 | 10,658,000 | 12,489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,320,000 | 110,847,000 | 112,685,000 | 114,090,000 |
| Total capital | 115,323,000 | 117,877,000 | 119,846,000 | 121,235,000 |
| Risk-weighted assets | 683,090,000 | 679,674,000 | 695,892,000 | 714,648,000 |