Call reports 2003
FARMERS STATE BANK OF CANTON — 2003
What FARMERS STATE BANK OF CANTON reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 32,778,000 | 33,561,000 | 34,091,000 | 35,810,000 |
| Total loans | 21,942,000 | 22,851,000 | 23,821,000 | 24,980,000 |
| Allowance for loan losses | 381,000 | 380,000 | 366,000 | 359,000 |
| Securities available for sale | 4,864,000 | 5,122,000 | 5,083,000 | 5,356,000 |
| Securities held to maturity | 865,000 | 765,000 | 765,000 | 565,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,582,000 | 28,950,000 | 27,965,000 | 30,232,000 |
| Interest-bearing deposits | 24,274,000 | 24,391,000 | 23,923,000 | 24,918,000 |
| Noninterest-bearing deposits | 4,308,000 | 4,559,000 | 4,042,000 | 5,314,000 |
| Equity capital | 3,797,000 | 3,771,000 | 3,832,000 | 3,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 397,000 | 816,000 | 1,240,000 | 1,670,000 |
| Interest expense | 92,000 | 191,000 | 273,000 | 354,000 |
| Net interest income | 305,000 | 625,000 | 967,000 | 1,316,000 |
| Noninterest income | 64,000 | 142,000 | 217,000 | 280,000 |
| Noninterest expense | 265,000 | 528,000 | 827,000 | 1,131,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 104,000 | 239,000 | 357,000 | 466,000 |
| Income tax | 30,000 | 70,000 | 106,000 | 139,000 |
| Net income | 74,000 | 169,000 | 251,000 | 327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,769,000 | 3,739,000 | 3,821,000 | 3,772,000 |
| Total capital | 4,052,000 | 4,029,000 | 4,128,000 | 4,090,000 |
| Risk-weighted assets | 22,506,000 | 23,092,000 | 24,506,000 | 25,410,000 |