Call reports 2008
FARMERS STATE BANK OF CANTON — 2008
What FARMERS STATE BANK OF CANTON 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 | 42,973,000 | 41,774,000 | 41,780,000 | 43,018,000 |
| Total loans | 29,918,000 | 30,075,000 | 30,835,000 | 31,300,000 |
| Allowance for loan losses | 240,000 | 206,000 | 206,000 | 311,000 |
| Securities available for sale | 5,248,000 | 7,098,000 | 5,831,000 | 5,939,000 |
| Securities held to maturity | 372,000 | 635,000 | 683,000 | 525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,852,000 | 36,365,000 | 35,888,000 | 35,528,000 |
| Interest-bearing deposits | 32,180,000 | 31,555,000 | 30,702,000 | 29,978,000 |
| Noninterest-bearing deposits | 5,672,000 | 4,810,000 | 5,185,000 | 5,550,000 |
| Equity capital | 4,309,000 | 4,191,000 | 4,341,000 | 4,358,000 |
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 | 635,000 | 1,261,000 | 1,886,000 | 2,456,000 |
| Interest expense | 261,000 | 487,000 | 676,000 | 839,000 |
| Net interest income | 374,000 | 774,000 | 1,210,000 | 1,617,000 |
| Noninterest income | 75,000 | 180,000 | 260,000 | 338,000 |
| Noninterest expense | 365,000 | 724,000 | 1,093,000 | 1,470,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 84,000 | 230,000 | 377,000 | 485,000 |
| Income tax | 26,000 | 73,000 | 121,000 | 156,000 |
| Net income | 58,000 | 157,000 | 256,000 | 329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,285,000 | 4,259,000 | 4,357,000 | 4,305,000 |
| Total capital | 4,525,000 | 4,465,000 | 4,563,000 | 4,616,000 |
| Risk-weighted assets | 29,856,000 | 29,742,000 | 30,438,000 | 31,137,000 |