Call reports 2023
FARMERS BANK & TRUST COMPANY — 2023
What FARMERS BANK & TRUST COMPANY 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 | 2,570,867,000 | 2,673,058,000 | 2,718,110,000 | 2,800,324,000 |
| Total loans | 1,768,215,000 | 1,875,977,000 | 1,929,368,000 | 1,988,030,000 |
| Allowance for loan losses | 29,817,000 | 30,036,000 | 27,640,000 | 29,728,000 |
| Securities available for sale | 584,328,000 | 571,034,000 | 540,628,000 | 595,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,353,268,000 | 2,408,494,000 | 2,465,866,000 | 2,493,922,000 |
| Interest-bearing deposits | 1,883,366,000 | 1,935,016,000 | 1,976,934,000 | 2,012,742,000 |
| Noninterest-bearing deposits | 469,902,000 | 473,478,000 | 488,932,000 | 481,180,000 |
| Equity capital | 191,836,000 | 189,314,000 | 172,531,000 | 210,051,000 |
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 | 28,797,000 | 60,363,000 | 95,134,000 | 132,137,000 |
| Interest expense | 10,001,000 | 22,829,000 | 38,058,000 | 54,677,000 |
| Net interest income | 18,796,000 | 37,534,000 | 57,076,000 | 77,460,000 |
| Noninterest income | 3,751,000 | 7,394,000 | 14,804,000 | 20,609,000 |
| Noninterest expense | 15,324,000 | 30,185,000 | 48,833,000 | 65,765,000 |
| Provision for loan losses | 450,000 | 1,000,000 | 1,750,000 | 2,500,000 |
| Pretax income | 7,290,000 | 14,408,000 | 21,670,000 | 30,588,000 |
| Income tax | 1,575,000 | 3,014,000 | 3,843,000 | 6,773,000 |
| Net income | 5,715,000 | 11,394,000 | 17,827,000 | 23,815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 229,789,000 | 233,724,000 | 236,402,000 | 241,929,000 |
| Total capital | 255,937,000 | 261,335,000 | 264,891,000 | 270,805,000 |
| Risk-weighted assets | 2,088,193,000 | 2,206,512,000 | 2,277,148,000 | 2,308,429,000 |