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 | 100,180,000 | 98,706,000 | 103,822,000 | 110,363,000 |
| Total loans | 61,708,000 | 63,176,000 | 65,935,000 | 72,085,000 |
| Allowance for loan losses | 609,000 | 609,000 | 565,000 | 598,000 |
| Securities available for sale | 25,881,000 | 29,642,000 | 31,585,000 | 31,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,963,000 | 85,144,000 | 89,334,000 | 92,476,000 |
| Interest-bearing deposits | 77,982,000 | 75,617,000 | 80,858,000 | 80,711,000 |
| Noninterest-bearing deposits | 9,981,000 | 9,527,000 | 8,476,000 | 11,765,000 |
| Equity capital | 8,604,000 | 8,700,000 | 8,899,000 | 9,234,000 |
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 | 1,571,000 | 3,115,000 | 4,747,000 | 6,408,000 |
| Interest expense | 774,000 | 1,455,000 | 2,093,000 | 2,696,000 |
| Net interest income | 797,000 | 1,660,000 | 2,654,000 | 3,712,000 |
| Noninterest income | 142,000 | 291,000 | 451,000 | 626,000 |
| Noninterest expense | 602,000 | 1,205,000 | 1,858,000 | 2,732,000 |
| Provision for loan losses | 23,000 | 37,000 | 68,000 | 90,000 |
| Pretax income | 319,000 | 714,000 | 1,184,000 | 1,521,000 |
| Income tax | 59,000 | 164,000 | 306,000 | 437,000 |
| Net income | 260,000 | 550,000 | 878,000 | 1,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,174,000 | 8,474,000 | 8,808,000 | 9,029,000 |
| Total capital | 8,783,000 | 9,083,000 | 9,373,000 | 9,627,000 |
| Risk-weighted assets | 61,614,000 | 64,086,000 | 66,768,000 | 71,465,000 |