Call reports 2003
FARMERS BANK — 2003
What FARMERS BANK 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 | 18,204,000 | 18,193,000 | 18,155,000 | 18,184,000 |
| Total loans | 13,364,000 | 12,748,000 | 13,055,000 | 12,690,000 |
| Allowance for loan losses | 128,000 | 135,000 | 140,000 | 146,000 |
| Securities available for sale | 657,000 | 202,000 | 2,000 | 2,000 |
| Securities held to maturity | 2,214,000 | 2,779,000 | 3,099,000 | 3,579,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,033,000 | 16,970,000 | 16,902,000 | 16,902,000 |
| Interest-bearing deposits | 14,655,000 | 14,709,000 | 14,534,000 | 14,440,000 |
| Noninterest-bearing deposits | 2,378,000 | 2,261,000 | 2,368,000 | 2,462,000 |
| Equity capital | 1,088,000 | 1,117,000 | 1,157,000 | 1,175,000 |
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 | 276,000 | 563,000 | 856,000 | 1,134,000 |
| Interest expense | 85,000 | 168,000 | 248,000 | 326,000 |
| Net interest income | 191,000 | 395,000 | 608,000 | 808,000 |
| Noninterest income | 46,000 | 93,000 | 141,000 | 186,000 |
| Noninterest expense | 201,000 | 410,000 | 619,000 | 845,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 30,000 | 66,000 | 112,000 | 125,000 |
| Income tax | 1,000 | 6,000 | 11,000 | 7,000 |
| Net income | 29,000 | 60,000 | 101,000 | 118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,085,000 | 1,117,000 | 1,157,000 | 1,175,000 |
| Total capital | 1,213,000 | 1,252,000 | 1,297,000 | 1,321,000 |
| Risk-weighted assets | 12,662,000 | 12,284,000 | 12,738,000 | 12,543,000 |