Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE BANK 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 | 32,284,000 | 32,628,000 | 31,958,000 | 31,952,000 |
| Total loans | 14,479,000 | 14,638,000 | 14,803,000 | 14,415,000 |
| Allowance for loan losses | 229,000 | 230,000 | 290,000 | 279,000 |
| Securities available for sale | 2,202,000 | 1,975,000 | 1,177,000 | 402,000 |
| Securities held to maturity | 10,693,000 | 10,981,000 | 10,955,000 | 11,390,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,804,000 | 29,054,000 | 28,443,000 | 28,428,000 |
| Interest-bearing deposits | 25,490,000 | 26,084,000 | 25,569,000 | 24,809,000 |
| Noninterest-bearing deposits | 3,314,000 | 2,970,000 | 2,874,000 | 3,619,000 |
| Equity capital | 3,326,000 | 3,418,000 | 3,384,000 | 3,426,000 |
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 | 502,000 | 981,000 | 1,410,000 | 1,855,000 |
| Interest expense | 245,000 | 476,000 | 701,000 | 914,000 |
| Net interest income | 257,000 | 505,000 | 709,000 | 941,000 |
| Noninterest income | 18,000 | 40,000 | 62,000 | 82,000 |
| Noninterest expense | 155,000 | 311,000 | 508,000 | 710,000 |
| Provision for loan losses | 0 | 0 | 59,000 | 91,000 |
| Pretax income | 120,000 | 234,000 | 204,000 | 222,000 |
| Income tax | 39,000 | 76,000 | 82,000 | 37,000 |
| Net income | 81,000 | 158,000 | 122,000 | 185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,342,000 | 3,418,000 | 3,383,000 | 3,425,000 |
| Total capital | 3,559,000 | 3,633,000 | 3,600,000 | 3,635,000 |
| Risk-weighted assets | 17,339,000 | 17,156,000 | 17,278,000 | 16,759,000 |