Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK 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 | 73,231,000 | 72,959,000 | 71,461,000 | 78,189,000 |
| Total loans | 37,104,000 | 37,800,000 | 37,314,000 | 42,682,000 |
| Allowance for loan losses | 981,000 | 982,000 | 992,000 | 992,000 |
| Securities available for sale | 32,138,000 | 31,083,000 | 30,179,000 | 30,465,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,215,000 | 60,990,000 | 58,771,000 | 62,372,000 |
| Interest-bearing deposits | 50,522,000 | 47,846,000 | 43,163,000 | 48,203,000 |
| Noninterest-bearing deposits | 14,693,000 | 13,144,000 | 15,608,000 | 14,169,000 |
| Equity capital | 6,899,000 | 6,801,000 | 6,420,000 | 7,599,000 |
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 | 626,000 | 1,298,000 | 1,981,000 | 2,720,000 |
| Interest expense | 150,000 | 368,000 | 667,000 | 993,000 |
| Net interest income | 476,000 | 930,000 | 1,314,000 | 1,727,000 |
| Noninterest income | 58,000 | 141,000 | 216,000 | 343,000 |
| Noninterest expense | 346,000 | 707,000 | 1,098,000 | 1,509,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 188,000 | 364,000 | 432,000 | 561,000 |
| Income tax | 9,000 | 18,000 | 27,000 | 36,000 |
| Net income | 179,000 | 346,000 | 405,000 | 525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,504,000 | 9,672,000 | 9,730,000 | 9,850,000 |
| Total capital | — | — | 10,311,000 | 10,532,000 |
| Risk-weighted assets | — | — | 46,069,000 | 54,267,000 |