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 | 74,741,000 | 73,804,000 | 71,317,000 | 76,505,000 |
| Total loans | 36,212,000 | 37,192,000 | 38,084,000 | 38,721,000 |
| Allowance for loan losses | 1,389,000 | 1,393,000 | 1,397,000 | 1,401,000 |
| Securities available for sale | 37,917,000 | 35,407,000 | 32,480,000 | 34,807,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,103,000 | 69,343,000 | 68,726,000 | 71,249,000 |
| Interest-bearing deposits | 49,007,000 | 49,723,000 | 48,907,000 | 49,455,000 |
| Noninterest-bearing deposits | 19,096,000 | 19,620,000 | 19,819,000 | 21,794,000 |
| Equity capital | 4,460,000 | 4,179,000 | 2,203,000 | 5,098,000 |
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 | 740,000 | 1,506,000 | 2,290,000 | 3,137,000 |
| Interest expense | 80,000 | 199,000 | 321,000 | 466,000 |
| Net interest income | 660,000 | 1,307,000 | 1,969,000 | 2,671,000 |
| Noninterest income | 90,000 | 187,000 | 319,000 | 417,000 |
| Noninterest expense | 590,000 | 1,204,000 | 1,825,000 | 2,512,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 142,000 | 237,000 | 410,000 | 523,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 20,000 |
| Net income | 137,000 | 227,000 | 395,000 | 503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,024,000 | 11,019,000 | 11,132,000 | 11,170,000 |