Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE BANK 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 | 58,556,000 | 57,334,000 | 59,141,000 | 56,485,000 |
| Total loans | 33,399,000 | 32,885,000 | 33,485,000 | 33,789,000 |
| Allowance for loan losses | 357,000 | 364,000 | 460,000 | 875,000 |
| Securities available for sale | 16,343,000 | 16,030,000 | 15,328,000 | 16,443,000 |
| Securities held to maturity | 1,936,000 | 1,936,000 | 1,816,000 | 1,817,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,849,000 | 52,085,000 | 52,440,000 | 51,567,000 |
| Interest-bearing deposits | 36,945,000 | 37,746,000 | 45,471,000 | 43,578,000 |
| Noninterest-bearing deposits | 15,904,000 | 14,339,000 | 6,969,000 | 7,989,000 |
| Equity capital | 5,031,000 | 4,578,000 | 4,503,000 | 4,491,000 |
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 | 976,000 | 1,880,000 | 2,769,000 | 3,972,000 |
| Interest expense | 371,000 | 737,000 | 1,071,000 | 1,390,000 |
| Net interest income | 605,000 | 1,143,000 | 1,698,000 | 2,582,000 |
| Noninterest income | 100,000 | 207,000 | 326,000 | 438,000 |
| Noninterest expense | 294,000 | 1,174,000 | 1,695,000 | 2,213,000 |
| Provision for loan losses | 60,000 | 150,000 | 240,000 | 915,000 |
| Pretax income | 393,000 | 68,000 | 131,000 | -65,000 |
| Income tax | 31,000 | 0 | 31,000 | 4,000 |
| Net income | 362,000 | 68,000 | 100,000 | -69,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,977,000 | 4,680,000 | 4,673,000 | 4,420,000 |
| Total capital | 5,334,000 | 5,044,000 | 5,133,000 | 4,875,000 |
| Risk-weighted assets | 39,684,000 | 38,677,000 | 38,454,000 | 37,032,000 |