Call reports 2024
FARMERS BANK — 2024
What FARMERS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 242,980,000 | 240,057,000 | 243,124,000 | 247,083,000 |
| Total loans | 157,542,000 | 160,161,000 | 171,306,000 | 172,515,000 |
| Allowance for loan losses | 2,292,000 | 2,425,000 | 2,198,000 | 2,277,000 |
| Securities available for sale | 35,001,000 | 35,216,000 | 30,783,000 | 24,191,000 |
| Securities held to maturity | 27,768,000 | 27,765,000 | 27,763,000 | 27,761,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,400,000 | 210,567,000 | 205,327,000 | 217,341,000 |
| Interest-bearing deposits | 154,762,000 | 151,093,000 | 147,225,000 | 158,229,000 |
| Noninterest-bearing deposits | 59,638,000 | 59,474,000 | 58,102,000 | 59,112,000 |
| Equity capital | 23,132,000 | 23,703,000 | 24,810,000 | 25,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,695,000 | 5,438,000 | 8,274,000 | 11,250,000 |
| Interest expense | 1,005,000 | 2,043,000 | 3,150,000 | 4,313,000 |
| Net interest income | 1,690,000 | 3,395,000 | 5,124,000 | 6,937,000 |
| Noninterest income | 163,000 | 335,000 | 519,000 | 726,000 |
| Noninterest expense | 1,283,000 | 2,501,000 | 3,747,000 | 4,959,000 |
| Provision for loan losses | 54,000 | 108,000 | 5,000 | 78,000 |
| Pretax income | 516,000 | 1,121,000 | 1,723,000 | 2,460,000 |
| Income tax | 110,000 | 242,000 | 371,000 | 534,000 |
| Net income | 406,000 | 879,000 | 1,352,000 | 1,926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,984,000 | 25,441,000 | 25,897,000 | 26,454,000 |
| Total capital | 26,749,000 | 27,237,000 | 27,769,000 | 28,321,000 |
| Risk-weighted assets | 140,688,000 | 143,107,000 | 149,321,000 | 148,873,000 |