Call reports 2003
FARMERS BANK — 2003
What FARMERS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 93,129,000 | 96,763,000 | 93,982,000 | 94,742,000 |
| Total loans | 62,931,000 | 67,835,000 | 67,910,000 | 69,126,000 |
| Allowance for loan losses | 774,000 | 801,000 | 757,000 | 765,000 |
| Securities available for sale | 17,105,000 | 21,233,000 | 19,204,000 | 20,440,000 |
| Securities held to maturity | 1,609,000 | 1,726,000 | 1,438,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,706,000 | 85,416,000 | 77,295,000 | 78,251,000 |
| Interest-bearing deposits | 67,834,000 | 69,588,000 | 61,599,000 | 61,719,000 |
| Noninterest-bearing deposits | 14,872,000 | 15,828,000 | 15,696,000 | 16,532,000 |
| Equity capital | 8,322,000 | 8,644,000 | 8,501,000 | 8,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,412,000 | 2,875,000 | 4,293,000 | 5,703,000 |
| Interest expense | 388,000 | 784,000 | 1,117,000 | 1,432,000 |
| Net interest income | 1,024,000 | 2,091,000 | 3,176,000 | 4,271,000 |
| Noninterest income | 131,000 | 281,000 | 418,000 | 549,000 |
| Noninterest expense | 869,000 | 1,793,000 | 2,688,000 | 3,530,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 205,000 |
| Pretax income | 243,000 | 493,000 | 780,000 | 1,098,000 |
| Income tax | 43,000 | 108,000 | 182,000 | 258,000 |
| Net income | 200,000 | 385,000 | 598,000 | 840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,228,000 | 8,398,000 | 8,589,000 | 8,814,000 |
| Total capital | 8,982,000 | 9,199,000 | 9,346,000 | 9,580,000 |
| Risk-weighted assets | 60,370,000 | 65,094,000 | 65,535,000 | 67,190,000 |