Call reports 2003
FARMERS STATE BANK OF SILVER CREEK — 2003
What FARMERS STATE BANK OF SILVER CREEK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Total assets | 15,164,000 | 14,602,000 |
| Total loans | 12,872,000 | 12,297,000 |
| Allowance for loan losses | 242,000 | 269,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 342,000 | 442,000 |
| Trading assets | 0 | 0 |
| Total deposits | 12,119,000 | 11,576,000 |
| Interest-bearing deposits | 10,134,000 | 9,694,000 |
| Noninterest-bearing deposits | 1,985,000 | 1,882,000 |
| Equity capital | 1,322,000 | 1,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Interest income | 281,000 | 519,000 |
| Interest expense | 73,000 | 137,000 |
| Net interest income | 208,000 | 382,000 |
| Noninterest income | 23,000 | 43,000 |
| Noninterest expense | 126,000 | 256,000 |
| Provision for loan losses | 20,000 | 50,000 |
| Pretax income | 85,000 | 119,000 |
| Income tax | 35,000 | 45,000 |
| Net income | 50,000 | 74,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 |
|---|---|---|
| Tier 1 capital | 1,322,000 | 1,346,000 |
| Total capital | 1,470,000 | 1,487,000 |
| Risk-weighted assets | 11,721,000 | 11,127,000 |