Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK 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 | 77,051,000 | 75,187,000 | 76,542,000 | 73,887,000 |
| Total loans | 43,272,000 | 42,343,000 | 45,748,000 | 45,157,000 |
| Allowance for loan losses | 1,000,000 | 1,000,000 | 1,000,000 | 937,000 |
| Securities available for sale | 29,748,000 | 26,972,000 | 27,148,000 | 25,386,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,866,000 | 62,676,000 | 61,822,000 | 64,794,000 |
| Interest-bearing deposits | 51,101,000 | 49,714,000 | 48,081,000 | 50,763,000 |
| Noninterest-bearing deposits | 13,765,000 | 12,962,000 | 13,741,000 | 14,031,000 |
| Equity capital | 7,189,000 | 7,452,000 | 8,345,000 | 8,187,000 |
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 | 797,000 | 1,631,000 | 2,518,000 | 3,404,000 |
| Interest expense | 309,000 | 659,000 | 1,033,000 | 1,421,000 |
| Net interest income | 488,000 | 972,000 | 1,485,000 | 1,983,000 |
| Noninterest income | 35,000 | 134,000 | 199,000 | 341,000 |
| Noninterest expense | 351,000 | 708,000 | 1,095,000 | 1,515,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 172,000 | 398,000 | 589,000 | 718,000 |
| Income tax | 8,000 | 21,000 | 34,000 | 47,000 |
| Net income | 164,000 | 377,000 | 555,000 | 671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,568,000 | 9,781,000 | 9,959,000 | 10,076,000 |
| Total capital | 10,213,000 | 10,415,000 | 10,623,000 | — |
| Risk-weighted assets | 51,291,000 | 50,384,000 | 52,857,000 | — |