Call reports 2023
FARMERS BANK — 2023
What FARMERS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 231,349,000 | 234,030,000 | 236,741,000 | 249,479,000 |
| Total loans | 150,225,000 | 152,654,000 | 152,626,000 | 156,175,000 |
| Allowance for loan losses | 2,048,000 | 2,068,000 | 2,167,000 | 2,219,000 |
| Securities available for sale | 33,660,000 | 33,029,000 | 32,336,000 | 33,102,000 |
| Securities held to maturity | 31,276,000 | 31,273,000 | 31,272,000 | 31,270,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,268,000 | 207,382,000 | 209,561,000 | 220,964,000 |
| Interest-bearing deposits | 141,615,000 | 147,980,000 | 148,726,000 | 159,478,000 |
| Noninterest-bearing deposits | 62,653,000 | 59,402,000 | 60,835,000 | 61,486,000 |
| Equity capital | 21,213,000 | 21,436,000 | 21,583,000 | 22,786,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,052,000 | 4,317,000 | 6,731,000 | 9,311,000 |
| Interest expense | 445,000 | 1,088,000 | 1,932,000 | 2,925,000 |
| Net interest income | 1,607,000 | 3,229,000 | 4,799,000 | 6,386,000 |
| Noninterest income | 162,000 | 339,000 | 524,000 | 691,000 |
| Noninterest expense | 1,108,000 | 2,269,000 | 3,425,000 | 4,594,000 |
| Provision for loan losses | 48,000 | 100,000 | 154,000 | 208,000 |
| Pretax income | 564,000 | 1,150,000 | 1,695,000 | 2,226,000 |
| Income tax | 131,000 | 265,000 | 385,000 | 500,000 |
| Net income | 433,000 | 885,000 | 1,310,000 | 1,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,350,000 | 23,786,000 | 24,195,000 | 24,595,000 |
| Total capital | 24,992,000 | 25,549,000 | 25,962,000 | 26,390,000 |
| Risk-weighted assets | 131,029,000 | 140,793,000 | 141,033,000 | 143,207,000 |