Call reports 2024
FARMERS BANK & TRUST COMPANY — 2024
What FARMERS BANK & TRUST COMPANY 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 | 2,822,316,000 | 2,906,921,000 | 2,928,874,000 | 2,941,699,000 |
| Total loans | 2,037,148,000 | 2,104,310,000 | 2,166,514,000 | 2,236,522,000 |
| Allowance for loan losses | 30,224,000 | 30,801,000 | 32,636,000 | 34,306,000 |
| Securities available for sale | 574,734,000 | 551,803,000 | 552,121,000 | 486,791,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,497,602,000 | 2,593,324,000 | 2,552,640,000 | 2,692,157,000 |
| Interest-bearing deposits | 2,033,652,000 | 2,107,700,000 | 2,036,192,000 | 2,170,899,000 |
| Noninterest-bearing deposits | 463,950,000 | 485,624,000 | 516,448,000 | 521,258,000 |
| Equity capital | 211,284,000 | 214,458,000 | 233,507,000 | 226,448,000 |
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 | 38,013,000 | 78,715,000 | 121,367,000 | 164,392,000 |
| Interest expense | 17,499,000 | 35,981,000 | 54,785,000 | 72,783,000 |
| Net interest income | 20,514,000 | 42,734,000 | 66,582,000 | 91,609,000 |
| Noninterest income | 5,115,000 | 10,419,000 | 18,996,000 | 24,820,000 |
| Noninterest expense | 16,440,000 | 32,944,000 | 51,647,000 | 67,959,000 |
| Provision for loan losses | 900,000 | 1,947,000 | 4,989,000 | 7,353,000 |
| Pretax income | 8,357,000 | 18,432,000 | 28,803,000 | 39,753,000 |
| Income tax | 1,581,000 | 4,122,000 | 6,293,000 | 8,263,000 |
| Net income | 6,776,000 | 14,310,000 | 22,510,000 | 31,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 248,923,000 | 254,673,000 | 259,082,000 | 266,402,000 |
| Total capital | 278,382,000 | 284,803,000 | 289,484,000 | 297,655,000 |
| Risk-weighted assets | 2,355,177,000 | 2,409,057,000 | 2,428,744,000 | 2,496,047,000 |