Call reports 2010
FARMERS BANK — 2010
What FARMERS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 89,639,000 | 88,521,000 | 89,047,000 | 91,323,000 |
| Total loans | 54,947,000 | 55,090,000 | 56,368,000 | 57,854,000 |
| Allowance for loan losses | 1,088,000 | 836,000 | 959,000 | 966,000 |
| Securities available for sale | 24,579,000 | 21,825,000 | 22,477,000 | 24,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,105,000 | 74,883,000 | 75,401,000 | 78,420,000 |
| Interest-bearing deposits | 58,075,000 | 56,693,000 | 56,127,000 | 59,715,000 |
| Noninterest-bearing deposits | 18,030,000 | 18,190,000 | 19,274,000 | 18,705,000 |
| Equity capital | 10,720,000 | 10,876,000 | 10,802,000 | 10,299,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,002,000 | 2,074,000 | 3,151,000 | 4,201,000 |
| Interest expense | 222,000 | 431,000 | 622,000 | 796,000 |
| Net interest income | 780,000 | 1,643,000 | 2,529,000 | 3,405,000 |
| Noninterest income | 704,000 | 854,000 | 996,000 | 1,126,000 |
| Noninterest expense | 1,005,000 | 1,899,000 | 2,808,000 | 3,776,000 |
| Provision for loan losses | 50,000 | 125,000 | 417,000 | 462,000 |
| Pretax income | 436,000 | 492,000 | 319,000 | 312,000 |
| Income tax | 135,000 | 139,000 | 67,000 | 34,000 |
| Net income | 301,000 | 353,000 | 252,000 | 278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,722,000 | 10,757,000 | 10,641,000 | 10,650,000 |
| Total capital | 11,437,000 | 11,449,000 | 11,334,000 | 11,358,000 |
| Risk-weighted assets | 56,820,000 | 55,202,000 | 55,222,000 | 56,371,000 |