Call reports 2014
FARMERS STATE BANK OF CANTON — 2014
What FARMERS STATE BANK OF CANTON reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 52,387,000 | 50,167,000 | 46,464,000 | 47,141,000 |
| Total loans | 26,742,000 | 28,971,000 | 28,441,000 | 29,597,000 |
| Allowance for loan losses | 385,000 | 386,000 | 333,000 | 335,000 |
| Securities available for sale | 12,238,000 | 11,097,000 | 10,458,000 | 10,388,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,155,000 | 43,871,000 | 40,174,000 | 40,180,000 |
| Interest-bearing deposits | 37,681,000 | 36,177,000 | 32,292,000 | 30,413,000 |
| Noninterest-bearing deposits | 8,474,000 | 7,695,000 | 7,882,000 | 9,767,000 |
| Equity capital | 5,137,000 | 5,198,000 | 5,199,000 | 5,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 387,000 | 787,000 | 1,180,000 | 1,585,000 |
| Interest expense | 33,000 | 65,000 | 94,000 | 125,000 |
| Net interest income | 354,000 | 722,000 | 1,086,000 | 1,460,000 |
| Noninterest income | 74,000 | 141,000 | 212,000 | 278,000 |
| Noninterest expense | 382,000 | 754,000 | 1,144,000 | 1,529,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 46,000 | 135,000 | 181,000 | 236,000 |
| Income tax | 8,000 | 30,000 | 39,000 | 37,000 |
| Net income | 38,000 | 105,000 | 142,000 | 199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,060,000 | 5,127,000 | 5,134,000 | 5,191,000 |
| Total capital | 5,445,000 | 5,513,000 | 5,467,000 | 5,526,000 |
| Risk-weighted assets | 34,557,000 | 33,971,000 | 31,989,000 | 33,143,000 |