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 | 65,062,000 | 59,855,000 | 62,618,000 | 63,971,000 |
| Total loans | 35,613,000 | 35,240,000 | 33,354,000 | 34,500,000 |
| Allowance for loan losses | 457,000 | 488,000 | 509,000 | 539,000 |
| Securities available for sale | 17,198,000 | 16,542,000 | 23,029,000 | 22,352,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,448,000 | 52,247,000 | 54,874,000 | 55,513,000 |
| Interest-bearing deposits | 47,836,000 | 42,787,000 | 45,037,000 | 46,081,000 |
| Noninterest-bearing deposits | 9,612,000 | 9,460,000 | 9,837,000 | 9,432,000 |
| Equity capital | 7,267,000 | 7,240,000 | 7,459,000 | 8,123,000 |
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 | 896,000 | 1,750,000 | 2,585,000 | 3,400,000 |
| Interest expense | 430,000 | 822,000 | 1,180,000 | 1,519,000 |
| Net interest income | 466,000 | 928,000 | 1,405,000 | 1,881,000 |
| Noninterest income | 79,000 | 179,000 | 256,000 | 386,000 |
| Noninterest expense | 258,000 | 531,000 | 814,000 | 1,163,000 |
| Provision for loan losses | 20,000 | 60,000 | 80,000 | 150,000 |
| Pretax income | 267,000 | 516,000 | 767,000 | 954,000 |
| Income tax | 12,000 | 24,000 | 35,000 | 48,000 |
| Net income | 255,000 | 492,000 | 732,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,006,000 | 7,243,000 | 7,482,000 | 7,657,000 |
| Total capital | 7,463,000 | 7,730,000 | 7,956,000 | 8,144,000 |
| Risk-weighted assets | 40,443,000 | 38,926,000 | 37,883,000 | 38,887,000 |