Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,174,209,000 | 1,206,730,000 | 1,195,886,000 | 1,230,326,000 |
| Total loans | 788,423,000 | 802,176,000 | 805,597,000 | 829,165,000 |
| Allowance for loan losses | 7,232,000 | 7,329,000 | 7,305,000 | 7,288,000 |
| Securities available for sale | 185,495,000 | 183,824,000 | 209,360,000 | 206,122,000 |
| Securities held to maturity | 56,918,000 | 56,982,000 | 56,688,000 | 56,751,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,034,160,000 | 1,089,255,000 | 1,060,808,000 | 1,097,575,000 |
| Interest-bearing deposits | 785,023,000 | 829,371,000 | 812,447,000 | 840,610,000 |
| Noninterest-bearing deposits | 249,137,000 | 259,884,000 | 248,361,000 | 256,965,000 |
| Equity capital | 101,682,000 | 104,669,000 | 110,017,000 | 109,329,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 13,721,000 | 28,646,000 | 43,780,000 | 59,171,000 |
| Interest expense | 4,531,000 | 9,509,000 | 14,882,000 | 19,975,000 |
| Net interest income | 9,190,000 | 19,137,000 | 28,898,000 | 39,196,000 |
| Noninterest income | 1,658,000 | 3,444,000 | 5,016,000 | 6,715,000 |
| Noninterest expense | 5,997,000 | 12,332,000 | 18,473,000 | 24,689,000 |
| Provision for loan losses | 116,000 | 221,000 | 221,000 | 221,000 |
| Pretax income | 4,714,000 | 10,007,000 | 15,196,000 | 20,978,000 |
| Income tax | 794,000 | 1,709,000 | 2,586,000 | 3,596,000 |
| Net income | 3,920,000 | 8,298,000 | 12,610,000 | 17,382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,086,000 | 120,542,000 | 121,929,000 | 124,280,000 |
| Total capital | 125,318,000 | 127,871,000 | 129,234,000 | 131,568,000 |
| Risk-weighted assets | 703,606,000 | 716,688,000 | 723,294,000 | 748,462,000 |