Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 50,690,000 | 50,829,000 | 48,890,000 | 50,838,000 |
| Total loans | 39,386,000 | 42,392,000 | 39,791,000 | 42,038,000 |
| Allowance for loan losses | 507,000 | 508,000 | 511,000 | 526,000 |
| Securities available for sale | 7,387,000 | 4,788,000 | 5,094,000 | 4,502,000 |
| Securities held to maturity | 100,000 | 100,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,826,000 | 42,165,000 | 41,151,000 | 42,685,000 |
| Interest-bearing deposits | 40,546,000 | 38,463,000 | 37,461,000 | 38,888,000 |
| Noninterest-bearing deposits | 3,280,000 | 3,702,000 | 3,690,000 | 3,797,000 |
| Equity capital | 3,829,000 | 3,982,000 | 4,134,000 | 4,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 848,000 | 1,643,000 | 2,408,000 | 3,157,000 |
| Interest expense | 396,000 | 778,000 | 1,124,000 | 1,455,000 |
| Net interest income | 452,000 | 865,000 | 1,284,000 | 1,702,000 |
| Noninterest income | 28,000 | 60,000 | 93,000 | 125,000 |
| Noninterest expense | 211,000 | 383,000 | 599,000 | 800,000 |
| Provision for loan losses | 0 | 1,000 | 4,000 | 82,000 |
| Pretax income | 269,000 | 541,000 | 774,000 | 945,000 |
| Income tax | 96,000 | 184,000 | 268,000 | 328,000 |
| Net income | 173,000 | 357,000 | 506,000 | 617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,812,000 | 3,995,000 | 4,145,000 | 4,131,000 |
| Total capital | 4,304,000 | 4,503,000 | 4,648,000 | 4,657,000 |
| Risk-weighted assets | 39,324,000 | 41,949,000 | 40,237,000 | 42,107,000 |