Call reports 2007
FARMERS STATE BANK — 2007
What FARMERS STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 44,427,000 | 43,432,000 | 44,491,000 | 48,253,000 |
| Total loans | 33,767,000 | 35,908,000 | 36,493,000 | 40,715,000 |
| Allowance for loan losses | 485,000 | 499,000 | 505,000 | 507,000 |
| Securities available for sale | 6,963,000 | 3,971,000 | 3,490,000 | 2,491,000 |
| Securities held to maturity | 170,000 | 170,000 | 155,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,493,000 | 37,307,000 | 38,456,000 | 41,909,000 |
| Interest-bearing deposits | 35,418,000 | 34,479,000 | 35,462,000 | 37,143,000 |
| Noninterest-bearing deposits | 3,075,000 | 2,828,000 | 2,994,000 | 4,766,000 |
| Equity capital | 3,508,000 | 3,673,000 | 3,629,000 | 3,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 792,000 | 1,626,000 | 2,468,000 | 3,310,000 |
| Interest expense | 374,000 | 771,000 | 1,180,000 | 1,590,000 |
| Net interest income | 418,000 | 855,000 | 1,288,000 | 1,720,000 |
| Noninterest income | 23,000 | 52,000 | 87,000 | 121,000 |
| Noninterest expense | 193,000 | 367,000 | 567,000 | 832,000 |
| Provision for loan losses | 15,000 | 29,000 | 35,000 | 37,000 |
| Pretax income | 233,000 | 511,000 | 773,000 | 972,000 |
| Income tax | 87,000 | 196,000 | 293,000 | 365,000 |
| Net income | 146,000 | 315,000 | 480,000 | 607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,503,000 | 3,673,000 | 3,622,000 | 3,639,000 |
| Total capital | 3,915,000 | 4,136,000 | 4,091,000 | 4,146,000 |
| Risk-weighted assets | 32,858,000 | 36,973,000 | 37,514,000 | 41,353,000 |