Call reports 2023
FARMERS BANK AND SAVINGS COMPANY, THE — 2023
What FARMERS BANK AND SAVINGS COMPANY, THE 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 | 402,964,000 | 395,798,000 | 424,222,000 | 425,258,000 |
| Total loans | 265,072,000 | 261,539,000 | 277,588,000 | 277,880,000 |
| Allowance for loan losses | 2,684,000 | 2,662,000 | 2,726,000 | 2,802,000 |
| Securities available for sale | 100,500,000 | 98,525,000 | 92,902,000 | 95,703,000 |
| Securities held to maturity | 0 | 0 | 2,802,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 351,397,000 | 350,068,000 | 380,217,000 | 388,048,000 |
| Interest-bearing deposits | 254,546,000 | 254,680,000 | 282,179,000 | 290,169,000 |
| Noninterest-bearing deposits | 96,851,000 | 95,388,000 | 98,038,000 | 97,879,000 |
| Equity capital | 31,516,000 | 30,653,000 | 33,186,000 | 35,991,000 |
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 | 3,806,000 | 7,754,000 | 12,190,000 | 17,070,000 |
| Interest expense | 891,000 | 2,052,000 | 3,509,000 | 5,314,000 |
| Net interest income | 2,915,000 | 5,702,000 | 8,681,000 | 11,756,000 |
| Noninterest income | 636,000 | 1,313,000 | 2,024,000 | 2,730,000 |
| Noninterest expense | 2,954,000 | 5,675,000 | 8,447,000 | 11,426,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 300,000 |
| Pretax income | 597,000 | 1,340,000 | 2,183,000 | 2,760,000 |
| Income tax | 108,000 | 247,000 | 383,000 | 510,000 |
| Net income | 489,000 | 1,093,000 | 1,800,000 | 2,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,904,000 | 40,183,000 | 39,138,000 | 39,381,000 |