Call reports 2003
FARMERS STATE BANK — 2003
What FARMERS STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 30,552,000 | 32,297,000 | 33,873,000 | 32,013,000 |
| Total loans | 19,921,000 | 20,938,000 | 17,413,000 | 15,853,000 |
| Allowance for loan losses | 321,000 | 440,000 | 442,000 | 350,000 |
| Securities available for sale | 3,465,000 | 3,844,000 | 6,875,000 | 11,508,000 |
| Securities held to maturity | 541,000 | 487,000 | 955,000 | 1,451,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,012,000 | 29,902,000 | 31,204,000 | 29,328,000 |
| Interest-bearing deposits | 25,620,000 | 27,826,000 | 29,001,000 | 26,241,000 |
| Noninterest-bearing deposits | 2,392,000 | 2,076,000 | 2,203,000 | 3,087,000 |
| Equity capital | 2,036,000 | 1,940,000 | 2,235,000 | 2,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 466,000 | 888,000 | 1,311,000 | 1,765,000 |
| Interest expense | 241,000 | 491,000 | 722,000 | 891,000 |
| Net interest income | 225,000 | 397,000 | 589,000 | 874,000 |
| Noninterest income | 24,000 | 46,000 | 69,000 | 99,000 |
| Noninterest expense | 170,000 | 317,000 | 481,000 | 686,000 |
| Provision for loan losses | 47,000 | 178,000 | 178,000 | 210,000 |
| Pretax income | 32,000 | -51,000 | 0 | 78,000 |
| Income tax | 26,000 | 42,000 | 54,000 | -26,000 |
| Net income | 6,000 | -93,000 | -54,000 | 104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,996,000 | 1,896,000 | 2,193,000 | 2,352,000 |
| Total capital | 2,200,000 | 2,112,000 | 2,409,000 | 2,579,000 |
| Risk-weighted assets | 16,198,000 | 17,082,000 | 17,015,000 | 18,005,000 |