Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK 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 | 60,674,000 | 56,617,000 | 55,470,000 | 55,511,000 |
| Total loans | 3,775,000 | 4,132,000 | 4,032,000 | 3,950,000 |
| Allowance for loan losses | 215,000 | 204,000 | 204,000 | 200,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 41,938,000 | 40,947,000 | 39,952,000 | 33,957,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,807,000 | 51,752,000 | 49,540,000 | 49,686,000 |
| Interest-bearing deposits | 24,677,000 | 23,059,000 | 21,975,000 | 21,981,000 |
| Noninterest-bearing deposits | 31,130,000 | 28,693,000 | 27,565,000 | 27,705,000 |
| Equity capital | 4,772,000 | 4,791,000 | 4,815,000 | 4,809,000 |
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 | 312,000 | 572,000 | 826,000 | 1,114,000 |
| Interest expense | 7,000 | 44,000 | 83,000 | 144,000 |
| Net interest income | 305,000 | 528,000 | 743,000 | 970,000 |
| Noninterest income | 14,000 | 32,000 | 45,000 | 67,000 |
| Noninterest expense | 184,000 | 390,000 | 581,000 | 850,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 135,000 | 161,000 | 191,000 | 171,000 |
| Income tax | 27,000 | 34,000 | 40,000 | 36,000 |
| Net income | 108,000 | 127,000 | 151,000 | 135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,772,000 | 4,791,000 | 4,815,000 | 4,809,000 |
| Total capital | 4,824,000 | 4,848,000 | 4,870,000 | 4,865,000 |
| Risk-weighted assets | 4,017,000 | 4,415,000 | 4,279,000 | 4,344,000 |