Call reports 2003
FARMERS STATE BANK — 2003
What FARMERS STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 33,370,000 | 32,511,000 | 32,844,000 | 34,034,000 |
| Total loans | 21,596,000 | 22,940,000 | 22,392,000 | 24,400,000 |
| Allowance for loan losses | 443,000 | 440,000 | 440,000 | 439,000 |
| Securities available for sale | 5,370,000 | 3,839,000 | 3,644,000 | 3,331,000 |
| Securities held to maturity | 439,000 | 392,000 | 387,000 | 447,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,722,000 | 29,355,000 | 30,297,000 | 31,490,000 |
| Interest-bearing deposits | 27,881,000 | 27,182,000 | 27,331,000 | 28,328,000 |
| Noninterest-bearing deposits | 2,841,000 | 2,173,000 | 2,966,000 | 3,162,000 |
| Equity capital | 2,483,000 | 2,469,000 | 2,417,000 | 2,424,000 |
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 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 448,000 | 897,000 | 1,347,000 | 1,789,000 |
| Interest expense | 160,000 | 306,000 | 442,000 | 565,000 |
| Net interest income | 288,000 | 591,000 | 905,000 | 1,224,000 |
| Noninterest income | 19,000 | 38,000 | 54,000 | 76,000 |
| Noninterest expense | 157,000 | 311,000 | 487,000 | 674,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 150,000 | 318,000 | 472,000 | 626,000 |
| Income tax | 61,000 | 123,000 | 180,000 | 236,000 |
| Net income | 89,000 | 195,000 | 292,000 | 390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,477,000 | 2,462,000 | 2,412,000 | 2,422,000 |
| Total capital | 2,772,000 | 2,767,000 | 2,716,000 | 2,754,000 |
| Risk-weighted assets | 23,426,000 | 24,227,000 | 24,212,000 | 26,421,000 |