Call reports 2003
FARMERS BANK AND SAVINGS COMPANY, THE — 2003
What FARMERS BANK AND SAVINGS COMPANY, THE 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 | 139,900,000 | 143,134,000 | 144,567,000 | 144,320,000 |
| Total loans | 88,884,000 | 92,280,000 | 96,073,000 | 98,052,000 |
| Allowance for loan losses | 1,064,000 | 1,157,000 | 1,164,000 | 1,144,000 |
| Securities available for sale | 26,618,000 | 32,965,000 | 32,612,000 | 31,987,000 |
| Securities held to maturity | 3,374,000 | 2,932,000 | 2,930,000 | 2,599,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,291,000 | 129,578,000 | 131,232,000 | 130,303,000 |
| Interest-bearing deposits | 110,380,000 | 112,398,000 | 113,522,000 | 114,007,000 |
| Noninterest-bearing deposits | 15,911,000 | 17,180,000 | 17,710,000 | 16,296,000 |
| Equity capital | 12,267,000 | 12,588,000 | 12,620,000 | 12,590,000 |
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 | 2,138,000 | 4,414,000 | 6,671,000 | 8,979,000 |
| Interest expense | 782,000 | 1,538,000 | 2,290,000 | 3,045,000 |
| Net interest income | 1,356,000 | 2,876,000 | 4,381,000 | 5,934,000 |
| Noninterest income | 172,000 | 320,000 | 497,000 | 615,000 |
| Noninterest expense | 1,096,000 | 2,215,000 | 3,400,000 | 4,607,000 |
| Provision for loan losses | 100,000 | 195,000 | 251,000 | 311,000 |
| Pretax income | 332,000 | 786,000 | 1,227,000 | 1,631,000 |
| Income tax | 84,000 | 209,000 | 325,000 | 428,000 |
| Net income | 248,000 | 577,000 | 902,000 | 1,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,840,000 | 11,919,000 | 12,245,000 | 12,246,000 |
| Total capital | 12,901,000 | 13,007,000 | 13,324,000 | 13,352,000 |
| Risk-weighted assets | 84,852,000 | 87,001,000 | 90,176,000 | 91,582,000 |