Call reports 2002
FARMERS STATE BANK OF SILVER CREEK — 2002
What FARMERS STATE BANK OF SILVER CREEK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 14,256,000 | 15,022,000 | 15,419,000 | 15,361,000 |
| Total loans | 12,102,000 | 12,664,000 | 13,305,000 | 13,763,000 |
| Allowance for loan losses | 210,000 | 232,000 | 228,000 | 222,000 |
| Securities available for sale | 101,000 | 100,000 | 0 | 0 |
| Securities held to maturity | 986,000 | 785,000 | 765,000 | 350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,451,000 | 12,180,000 | 11,719,000 | 12,268,000 |
| Interest-bearing deposits | 9,690,000 | 9,938,000 | 9,844,000 | 10,156,000 |
| Noninterest-bearing deposits | 1,761,000 | 2,242,000 | 1,875,000 | 2,112,000 |
| Equity capital | 1,260,000 | 1,305,000 | 1,360,000 | 1,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 276,000 | 557,000 | 860,000 | 1,165,000 |
| Interest expense | 86,000 | 173,000 | 259,000 | 340,000 |
| Net interest income | 190,000 | 384,000 | 601,000 | 825,000 |
| Noninterest income | 143,000 | 160,000 | 180,000 | 201,000 |
| Noninterest expense | 107,000 | 229,000 | 361,000 | 534,000 |
| Provision for loan losses | 6,000 | 25,000 | 40,000 | 55,000 |
| Pretax income | 220,000 | 290,000 | 380,000 | 437,000 |
| Income tax | 34,000 | 58,000 | 93,000 | 100,000 |
| Net income | 186,000 | 232,000 | 287,000 | 337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,259,000 | 1,305,000 | 1,360,000 | 1,272,000 |
| Total capital | 1,394,000 | 1,445,000 | 1,507,000 | 1,426,000 |
| Risk-weighted assets | 10,740,000 | 11,139,000 | 11,688,000 | 12,250,000 |