Call reports 2010
FARMERS STATE BANK OF CANTON — 2010
What FARMERS STATE BANK OF CANTON 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 | 44,513,000 | 42,193,000 | 43,718,000 | 43,285,000 |
| Total loans | 32,201,000 | 32,643,000 | 32,401,000 | 32,837,000 |
| Allowance for loan losses | 501,000 | 497,000 | 444,000 | 428,000 |
| Securities available for sale | 4,567,000 | 5,093,000 | 5,536,000 | 5,880,000 |
| Securities held to maturity | 523,000 | 533,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,351,000 | 36,453,000 | 38,254,000 | 37,501,000 |
| Interest-bearing deposits | 32,491,000 | 31,104,000 | 31,330,000 | 30,292,000 |
| Noninterest-bearing deposits | 6,860,000 | 5,349,000 | 6,924,000 | 7,209,000 |
| Equity capital | 4,407,000 | 4,450,000 | 4,558,000 | 4,489,000 |
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 | 535,000 | 1,081,000 | 1,610,000 | 2,140,000 |
| Interest expense | 88,000 | 173,000 | 255,000 | 331,000 |
| Net interest income | 447,000 | 908,000 | 1,355,000 | 1,809,000 |
| Noninterest income | 81,000 | 166,000 | 266,000 | 351,000 |
| Noninterest expense | 396,000 | 824,000 | 1,241,000 | 1,670,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 132,000 | 250,000 | 380,000 | 490,000 |
| Income tax | 43,000 | 80,000 | 120,000 | 152,000 |
| Net income | 89,000 | 170,000 | 260,000 | 338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,399,000 | 4,429,000 | 4,519,000 | 4,547,000 |
| Total capital | 4,801,000 | 4,831,000 | 4,923,000 | 4,959,000 |
| Risk-weighted assets | 32,063,000 | 32,084,000 | 32,313,000 | 32,984,000 |