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 | 57,772,000 | 56,557,000 | 56,609,000 | 57,549,000 |
| Total loans | 39,490,000 | 36,434,000 | 37,432,000 | 36,882,000 |
| Allowance for loan losses | 1,458,000 | 1,453,000 | 1,420,000 | 1,443,000 |
| Securities available for sale | 9,506,000 | 12,464,000 | 12,819,000 | 12,831,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,326,000 | 46,475,000 | 46,383,000 | 47,385,000 |
| Interest-bearing deposits | 41,326,000 | 40,334,000 | 40,162,000 | 39,000,000 |
| Noninterest-bearing deposits | 6,000,000 | 6,141,000 | 6,221,000 | 8,385,000 |
| Equity capital | 9,971,000 | 9,558,000 | 9,722,000 | 9,794,000 |
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 | 973,000 | 1,879,000 | 2,806,000 | 3,722,000 |
| Interest expense | 345,000 | 693,000 | 1,032,000 | 1,346,000 |
| Net interest income | 628,000 | 1,186,000 | 1,774,000 | 2,376,000 |
| Noninterest income | 127,000 | 238,000 | 339,000 | 445,000 |
| Noninterest expense | 438,000 | 872,000 | 1,329,000 | 1,806,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 287,000 | 492,000 | 694,000 | 895,000 |
| Income tax | 17,000 | 33,000 | 53,000 | 67,000 |
| Net income | 270,000 | 459,000 | 641,000 | 828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,694,000 | 9,503,000 | 9,584,000 | 9,466,000 |
| Total capital | 10,173,000 | 9,940,000 | 10,042,000 | 9,926,000 |
| Risk-weighted assets | 38,055,000 | 35,012,000 | 35,738,000 | 35,873,000 |