Call reports 2004
FARMERS BANK — 2004
What FARMERS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 92,491,000 | 91,045,000 | 86,244,000 | 88,910,000 |
| Total loans | 66,570,000 | 68,455,000 | 64,784,000 | 65,621,000 |
| Allowance for loan losses | 807,000 | 843,000 | 850,000 | 767,000 |
| Securities available for sale | 20,212,000 | 17,461,000 | 16,795,000 | 16,654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,625,000 | 69,153,000 | 69,031,000 | 74,835,000 |
| Interest-bearing deposits | 57,524,000 | 53,886,000 | 53,909,000 | 57,674,000 |
| Noninterest-bearing deposits | 16,101,000 | 15,267,000 | 15,122,000 | 17,161,000 |
| Equity capital | 9,061,000 | 8,783,000 | 9,347,000 | 9,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,326,000 | 2,607,000 | 3,857,000 | 5,138,000 |
| Interest expense | 276,000 | 552,000 | 834,000 | 1,144,000 |
| Net interest income | 1,050,000 | 2,055,000 | 3,023,000 | 3,994,000 |
| Noninterest income | 126,000 | 261,000 | 397,000 | 510,000 |
| Noninterest expense | 828,000 | 1,649,000 | 2,440,000 | 3,299,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 316,000 | 588,000 | 855,000 | 1,035,000 |
| Income tax | 88,000 | 156,000 | 224,000 | 264,000 |
| Net income | 228,000 | 432,000 | 631,000 | 771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,906,000 | 9,095,000 | 9,273,000 | 9,399,000 |
| Total capital | 9,712,000 | 9,938,000 | 10,081,000 | 10,167,000 |
| Risk-weighted assets | 65,598,000 | 68,053,000 | 64,622,000 | 66,174,000 |