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 | 77,129,000 | 77,478,000 | 76,645,000 | 79,452,000 |
| Total loans | 39,777,000 | 40,634,000 | 41,967,000 | 41,656,000 |
| Allowance for loan losses | 1,402,000 | 1,406,000 | 1,409,000 | 1,417,000 |
| Securities available for sale | 33,782,000 | 33,068,000 | 33,865,000 | 32,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,150,000 | 72,423,000 | 68,950,000 | 74,278,000 |
| Interest-bearing deposits | 51,920,000 | 52,399,000 | 49,562,000 | 52,273,000 |
| Noninterest-bearing deposits | 20,230,000 | 20,024,000 | 19,388,000 | 22,005,000 |
| Equity capital | 4,700,000 | 4,659,000 | 6,169,000 | 4,934,000 |
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 | 869,000 | 1,772,000 | 2,686,000 | 3,653,000 |
| Interest expense | 170,000 | 357,000 | 558,000 | 771,000 |
| Net interest income | 699,000 | 1,415,000 | 2,128,000 | 2,882,000 |
| Noninterest income | 90,000 | 191,000 | 297,000 | 393,000 |
| Noninterest expense | 614,000 | 1,220,000 | 1,830,000 | 2,556,000 |
| Provision for loan losses | 0 | 0 | -2,000 | -2,000 |
| Pretax income | 175,000 | 386,000 | 595,000 | 719,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 20,000 |
| Net income | 170,000 | 376,000 | 580,000 | 699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,305,000 | 11,416,000 | 11,565,000 | 11,614,000 |