Call reports 2003
FARMERS STATE BANK OF FULTON COUNTY — 2003
What FARMERS STATE BANK OF FULTON COUNTY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 58,822,000 | 66,406,000 | 65,318,000 | 59,110,000 |
| Total loans | 29,436,000 | 29,041,000 | 28,806,000 | 30,007,000 |
| Allowance for loan losses | 370,000 | 370,000 | 370,000 | 370,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,944,000 | 20,382,000 | 23,365,000 | 25,282,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,744,000 | 60,256,000 | 59,332,000 | 53,012,000 |
| Interest-bearing deposits | 46,748,000 | 55,146,000 | 53,934,000 | 47,006,000 |
| Noninterest-bearing deposits | 5,996,000 | 5,110,000 | 5,398,000 | 6,006,000 |
| Equity capital | 5,996,000 | 6,071,000 | 5,921,000 | 6,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 723,000 | 1,376,000 | 2,024,000 | 2,662,000 |
| Interest expense | 330,000 | 623,000 | 877,000 | 1,105,000 |
| Net interest income | 393,000 | 753,000 | 1,147,000 | 1,557,000 |
| Noninterest income | 30,000 | 59,000 | 101,000 | 143,000 |
| Noninterest expense | 248,000 | 504,000 | 741,000 | 975,000 |
| Provision for loan losses | -2,000 | 19,000 | 19,000 | 64,000 |
| Pretax income | 177,000 | 289,000 | 488,000 | 661,000 |
| Income tax | 52,000 | 89,000 | 138,000 | 199,000 |
| Net income | 125,000 | 200,000 | 350,000 | 462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,996,000 | 6,071,000 | 5,921,000 | 6,033,000 |
| Total capital | 6,366,000 | 6,441,000 | 6,291,000 | 6,403,000 |
| Risk-weighted assets | 31,681,000 | 32,838,000 | 32,555,000 | 32,173,000 |