Call reports 2024
FARMERS NATIONAL BANK — 2024
What FARMERS NATIONAL 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 | 849,373,000 | 848,150,000 | 867,551,000 | 885,607,000 |
| Total loans | 438,942,000 | 439,447,000 | 447,261,000 | 499,820,000 |
| Allowance for loan losses | 15,255,000 | 15,372,000 | 15,417,000 | 15,072,000 |
| Securities available for sale | 332,048,000 | 321,978,000 | 310,980,000 | 296,544,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 594,818,000 | 590,757,000 | 589,705,000 | 623,361,000 |
| Interest-bearing deposits | 507,192,000 | 510,635,000 | 506,827,000 | 534,131,000 |
| Noninterest-bearing deposits | 87,626,000 | 80,122,000 | 82,878,000 | 89,230,000 |
| Equity capital | 103,979,000 | 105,793,000 | 115,626,000 | 109,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,006,000 | 20,057,000 | 30,273,000 | 40,969,000 |
| Interest expense | 3,975,000 | 8,193,000 | 12,658,000 | 17,481,000 |
| Net interest income | 6,031,000 | 11,864,000 | 17,615,000 | 23,488,000 |
| Noninterest income | 535,000 | 1,069,000 | 1,638,000 | 2,211,000 |
| Noninterest expense | 3,048,000 | 5,814,000 | 8,776,000 | 11,657,000 |
| Provision for loan losses | 476,000 | 586,000 | 629,000 | 274,000 |
| Pretax income | 2,569,000 | 6,319,000 | 9,690,000 | 13,745,000 |
| Income tax | 510,000 | 1,354,000 | 2,119,000 | 3,027,000 |
| Net income | 2,059,000 | 4,965,000 | 7,571,000 | 10,718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,788,000 | 126,895,000 | 129,500,000 | 130,098,000 |