Call reports 2008
FARMERS BANK AND SAVINGS COMPANY, THE — 2008
What FARMERS BANK AND SAVINGS COMPANY, THE 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 | 209,537,000 | 211,180,000 | 217,701,000 | 226,310,000 |
| Total loans | 156,343,000 | 158,172,000 | 166,133,000 | 173,342,000 |
| Allowance for loan losses | 1,638,000 | 1,837,000 | 1,707,000 | 1,959,000 |
| Securities available for sale | 37,361,000 | 34,772,000 | 33,653,000 | 33,828,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,210,000 | 188,030,000 | 194,729,000 | 203,187,000 |
| Interest-bearing deposits | 162,503,000 | 163,952,000 | 171,754,000 | 180,335,000 |
| Noninterest-bearing deposits | 22,707,000 | 24,078,000 | 22,976,000 | 22,852,000 |
| Equity capital | 17,533,000 | 17,006,000 | 17,857,000 | 18,167,000 |
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 | 3,468,000 | 6,932,000 | 10,447,000 | 13,991,000 |
| Interest expense | 1,585,000 | 3,092,000 | 4,488,000 | 5,996,000 |
| Net interest income | 1,883,000 | 3,840,000 | 5,959,000 | 7,995,000 |
| Noninterest income | 458,000 | 932,000 | 1,413,000 | 1,901,000 |
| Noninterest expense | 1,611,000 | 3,143,000 | 4,800,000 | 6,483,000 |
| Provision for loan losses | 85,000 | 305,000 | 335,000 | 725,000 |
| Pretax income | 645,000 | 1,324,000 | 2,237,000 | 2,688,000 |
| Income tax | 151,000 | 345,000 | 554,000 | 644,000 |
| Net income | 494,000 | 979,000 | 1,683,000 | 2,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,906,000 | 16,953,000 | 17,657,000 | 17,682,000 |
| Total capital | 18,544,000 | 18,692,000 | 19,364,000 | 19,587,000 |
| Risk-weighted assets | 133,981,000 | 139,002,000 | 142,999,000 | 152,351,000 |