Call reports 2023
FARMERS STATE BANK OF CANTON — 2023
What FARMERS STATE BANK OF CANTON reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 58,806,000 | 60,818,000 | 60,631,000 | 62,701,000 |
| Total loans | 38,115,000 | 39,729,000 | 40,276,000 | 41,904,000 |
| Allowance for loan losses | 229,000 | 229,000 | 239,000 | 254,000 |
| Securities available for sale | 9,614,000 | 10,761,000 | 10,344,000 | 10,762,000 |
| Securities held to maturity | 3,957,000 | 3,953,000 | 3,949,000 | 3,945,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,245,000 | 53,202,000 | 51,980,000 | 48,791,000 |
| Interest-bearing deposits | 40,244,000 | 41,323,000 | 40,749,000 | 38,276,000 |
| Noninterest-bearing deposits | 12,001,000 | 11,879,000 | 11,231,000 | 10,515,000 |
| Equity capital | 5,308,000 | 5,334,000 | 5,089,000 | 5,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 530,000 | 1,090,000 | 1,675,000 | 2,192,000 |
| Interest expense | 76,000 | 170,000 | 312,000 | 448,000 |
| Net interest income | 454,000 | 920,000 | 1,363,000 | 1,744,000 |
| Noninterest income | 48,000 | 102,000 | 153,000 | 243,000 |
| Noninterest expense | 448,000 | 863,000 | 1,312,000 | 1,729,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 25,000 |
| Pretax income | 54,000 | 159,000 | 194,000 | 233,000 |
| Income tax | 16,000 | 44,000 | 60,000 | 47,000 |
| Net income | 38,000 | 115,000 | 134,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,653,000 | 6,730,000 | 6,699,000 | 6,750,000 |
| Total capital | 6,882,000 | 6,959,000 | 6,938,000 | 7,004,000 |
| Risk-weighted assets | 39,654,000 | 40,850,000 | 41,501,000 | 42,638,000 |