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 | 67,300,000 | 68,113,000 | 72,139,000 | 72,307,000 |
| Total loans | 36,702,000 | 38,243,000 | 38,921,000 | 37,749,000 |
| Allowance for loan losses | 495,000 | 483,000 | 450,000 | 507,000 |
| Securities available for sale | 21,959,000 | 21,655,000 | 21,534,000 | 20,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,053,000 | 58,637,000 | 62,997,000 | 64,052,000 |
| Interest-bearing deposits | 52,220,000 | 53,521,000 | 57,971,000 | 58,964,000 |
| Noninterest-bearing deposits | 5,833,000 | 5,116,000 | 5,026,000 | 5,088,000 |
| Equity capital | 1,342,000 | 1,502,000 | 2,101,000 | 1,325,000 |
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 | 734,000 | 1,486,000 | 2,275,000 | 3,100,000 |
| Interest expense | 312,000 | 666,000 | 1,055,000 | 1,419,000 |
| Net interest income | 422,000 | 820,000 | 1,220,000 | 1,681,000 |
| Noninterest income | 25,000 | 65,000 | 90,000 | 121,000 |
| Noninterest expense | 393,000 | 823,000 | 1,375,000 | 1,808,000 |
| Provision for loan losses | 0 | -12,000 | 88,000 | 87,000 |
| Pretax income | 38,000 | 46,000 | -182,000 | -122,000 |
| Income tax | 4,000 | 6,000 | 10,000 | 10,000 |
| Net income | 34,000 | 40,000 | -192,000 | -132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,766,000 | 5,767,000 | 5,525,000 | 5,507,000 |
| Total capital | 6,277,000 | 6,262,000 | 5,988,000 | 6,027,000 |
| Risk-weighted assets | 40,869,000 | 43,439,000 | 44,169,000 | 43,569,000 |