Call reports 2008
FARMERS NATIONAL BANK OF LEBANON, THE — 2008
What FARMERS NATIONAL BANK OF LEBANON, THE 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 | 93,753,000 | 91,387,000 | 93,915,000 | 93,098,000 |
| Total loans | 50,866,000 | 52,077,000 | 55,175,000 | 53,961,000 |
| Allowance for loan losses | 524,000 | 550,000 | 599,000 | 626,000 |
| Securities available for sale | 33,403,000 | 31,418,000 | 31,278,000 | 31,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,210,000 | 76,927,000 | 79,853,000 | 76,528,000 |
| Interest-bearing deposits | 63,089,000 | 61,342,000 | 63,820,000 | 61,383,000 |
| Noninterest-bearing deposits | 16,121,000 | 15,585,000 | 16,033,000 | 15,145,000 |
| Equity capital | 10,235,000 | 9,918,000 | 10,113,000 | 10,627,000 |
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 | 1,404,000 | 2,739,000 | 4,050,000 | 5,357,000 |
| Interest expense | 579,000 | 1,098,000 | 1,587,000 | 2,047,000 |
| Net interest income | 825,000 | 1,641,000 | 2,463,000 | 3,310,000 |
| Noninterest income | 130,000 | 266,000 | 406,000 | 542,000 |
| Noninterest expense | 682,000 | 1,483,000 | 2,235,000 | 3,104,000 |
| Provision for loan losses | 80,000 | 110,000 | 140,000 | 170,000 |
| Pretax income | 204,000 | 324,000 | 502,000 | 586,000 |
| Income tax | 27,000 | 39,000 | 62,000 | 6,000 |
| Net income | 177,000 | 282,000 | 437,000 | 429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,451,000 | 10,555,000 | 10,711,000 | 10,703,000 |
| Total capital | 10,975,000 | 11,105,000 | 11,310,000 | 11,329,000 |
| Risk-weighted assets | 59,251,000 | 60,472,000 | 63,317,000 | 61,748,000 |