Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK 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 | 56,097,000 | 53,626,000 | 53,771,000 | 52,422,000 |
| Total loans | 3,729,000 | 3,874,000 | 3,990,000 | 3,835,000 |
| Allowance for loan losses | 205,000 | 205,000 | 210,000 | 210,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 31,962,000 | 24,466,000 | 22,475,000 | 19,358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,095,000 | 47,595,000 | 48,633,000 | 47,240,000 |
| Interest-bearing deposits | 22,280,000 | 20,662,000 | 19,718,000 | 19,533,000 |
| Noninterest-bearing deposits | 27,815,000 | 26,933,000 | 28,915,000 | 27,707,000 |
| Equity capital | 4,869,000 | 4,958,000 | 5,066,000 | 5,125,000 |
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 | 333,000 | 711,000 | 1,127,000 | 1,594,000 |
| Interest expense | 66,000 | 131,000 | 179,000 | 229,000 |
| Net interest income | 267,000 | 580,000 | 948,000 | 1,365,000 |
| Noninterest income | 13,000 | 29,000 | 42,000 | 62,000 |
| Noninterest expense | 204,000 | 421,000 | 660,000 | 975,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 12,000 |
| Pretax income | 76,000 | 188,000 | 325,000 | 440,000 |
| Income tax | 16,000 | 39,000 | 68,000 | 92,000 |
| Net income | 60,000 | 149,000 | 257,000 | 348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,869,000 | 4,958,000 | 5,066,000 | 5,125,000 |
| Total capital | 4,918,000 | 5,011,000 | 5,126,000 | 5,179,000 |
| Risk-weighted assets | 3,784,000 | 4,052,000 | 4,641,000 | 4,166,000 |