Call reports 2008
FARMERS BANK — 2008
What FARMERS 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 | 92,353,000 | 89,751,000 | 85,863,000 | 87,252,000 |
| Total loans | 65,691,000 | 66,523,000 | 62,452,000 | 62,723,000 |
| Allowance for loan losses | 823,000 | 833,000 | 754,000 | 1,339,000 |
| Securities available for sale | 15,264,000 | 15,403,000 | 14,292,000 | 15,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,116,000 | 75,300,000 | 71,262,000 | 73,675,000 |
| Interest-bearing deposits | 59,749,000 | 56,204,000 | 53,350,000 | 54,307,000 |
| Noninterest-bearing deposits | 18,367,000 | 19,096,000 | 17,912,000 | 19,368,000 |
| Equity capital | 11,167,000 | 11,131,000 | 11,260,000 | 10,676,000 |
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 | 1,462,000 | 2,797,000 | 4,063,000 | 5,253,000 |
| Interest expense | 455,000 | 829,000 | 1,157,000 | 1,478,000 |
| Net interest income | 1,007,000 | 1,968,000 | 2,906,000 | 3,775,000 |
| Noninterest income | 158,000 | 322,000 | 485,000 | 634,000 |
| Noninterest expense | 911,000 | 1,807,000 | 2,661,000 | 4,019,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 1,034,000 |
| Pretax income | 209,000 | 393,000 | 595,000 | -643,000 |
| Income tax | 62,000 | 102,000 | 153,000 | -291,000 |
| Net income | 147,000 | 291,000 | 442,000 | -352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,129,000 | 11,257,000 | 11,389,000 | 10,580,000 |
| Total capital | 11,952,000 | 12,089,000 | 12,143,000 | 11,444,000 |
| Risk-weighted assets | 70,682,000 | 71,251,000 | 67,479,000 | 68,934,000 |