Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 250,299,000 | 239,355,000 | 234,599,000 | 237,943,000 |
| Total loans | 141,943,000 | 143,867,000 | 143,329,000 | 143,308,000 |
| Allowance for loan losses | 1,468,000 | 1,440,000 | 1,423,000 | 1,360,000 |
| Securities available for sale | 88,322,000 | 81,276,000 | 77,486,000 | 82,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,044,000 | 211,875,000 | 208,879,000 | 202,616,000 |
| Interest-bearing deposits | 171,281,000 | 172,824,000 | 170,667,000 | 161,437,000 |
| Noninterest-bearing deposits | 39,763,000 | 39,051,000 | 38,212,000 | 41,179,000 |
| Equity capital | 18,970,000 | 18,039,000 | 15,979,000 | 19,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,357,000 | 4,853,000 | 7,422,000 | 10,044,000 |
| Interest expense | 845,000 | 1,892,000 | 2,962,000 | 4,116,000 |
| Net interest income | 1,512,000 | 2,961,000 | 4,460,000 | 5,928,000 |
| Noninterest income | 174,000 | 321,000 | 476,000 | 575,000 |
| Noninterest expense | 1,163,000 | 2,481,000 | 3,715,000 | 5,102,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 504,000 | 637,000 | 1,057,000 | 1,227,000 |
| Income tax | 49,000 | 82,000 | 113,000 | 51,000 |
| Net income | 455,000 | 555,000 | 944,000 | 1,176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,197,000 | 27,307,000 | 27,482,000 | 27,579,000 |