Call reports 2008
FARMERS BANK — 2008
What FARMERS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 21,475,000 | 19,462,000 | 18,159,000 | 18,982,000 |
| Total loans | 13,474,000 | 13,743,000 | 12,612,000 | 11,777,000 |
| Allowance for loan losses | 389,000 | 407,000 | 431,000 | 357,000 |
| Securities available for sale | 1,479,000 | 1,460,000 | 1,417,000 | 1,484,000 |
| Securities held to maturity | 2,533,000 | 2,288,000 | 2,199,000 | 1,988,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,841,000 | 17,922,000 | 17,183,000 | 17,546,000 |
| Interest-bearing deposits | 17,465,000 | 15,298,000 | 14,678,000 | 15,042,000 |
| Noninterest-bearing deposits | 2,376,000 | 2,624,000 | 2,505,000 | 2,504,000 |
| Equity capital | 1,529,000 | 1,425,000 | 900,000 | 1,320,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 321,000 | 587,000 | 814,000 | 1,069,000 |
| Interest expense | 167,000 | 281,000 | 377,000 | 465,000 |
| Net interest income | 154,000 | 306,000 | 437,000 | 604,000 |
| Noninterest income | 56,000 | 102,000 | 140,000 | 147,000 |
| Noninterest expense | 210,000 | 437,000 | 655,000 | 890,000 |
| Provision for loan losses | 0 | 90,000 | 660,000 | 1,025,000 |
| Pretax income | 0 | -119,000 | -738,000 | -1,164,000 |
| Income tax | -7,000 | -37,000 | -165,000 | -243,000 |
| Net income | 7,000 | -82,000 | -573,000 | -921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,522,000 | 1,434,000 | 943,000 | 1,310,000 |
| Total capital | 1,695,000 | 1,607,000 | 1,102,000 | 1,462,000 |
| Risk-weighted assets | 13,617,000 | 13,627,000 | 12,484,000 | 11,984,000 |