Call reports 2024
FARMERS BANK AND SAVINGS COMPANY, THE — 2024
What FARMERS BANK AND SAVINGS COMPANY, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 436,876,000 | 441,669,000 | 443,315,000 | 457,599,000 |
| Total loans | 278,450,000 | 282,401,000 | 290,779,000 | 295,897,000 |
| Allowance for loan losses | 2,801,000 | 2,802,000 | 2,795,000 | 2,839,000 |
| Securities available for sale | 98,034,000 | 109,508,000 | 116,827,000 | 116,827,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,976,000 | 403,524,000 | 402,531,000 | 418,097,000 |
| Interest-bearing deposits | 300,174,000 | 305,365,000 | 305,900,000 | 314,459,000 |
| Noninterest-bearing deposits | 99,802,000 | 98,159,000 | 96,631,000 | 103,638,000 |
| Equity capital | 35,546,000 | 36,222,000 | 39,156,000 | 37,600,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,890,000 | 10,237,000 | 15,576,000 | 21,237,000 |
| Interest expense | 1,946,000 | 4,046,000 | 6,145,000 | 8,302,000 |
| Net interest income | 2,944,000 | 6,191,000 | 9,431,000 | 12,935,000 |
| Noninterest income | 644,000 | 1,340,000 | 2,099,000 | 2,816,000 |
| Noninterest expense | 3,045,000 | 6,104,000 | 9,242,000 | 12,671,000 |
| Provision for loan losses | 0 | 108,000 | 104,000 | 269,000 |
| Pretax income | 543,000 | 1,319,000 | 1,980,000 | 2,607,000 |
| Income tax | 94,000 | 242,000 | 360,000 | 472,000 |
| Net income | 449,000 | 1,077,000 | 1,620,000 | 2,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,468,000 | 39,784,000 | 40,219,000 | 40,466,000 |