Call reports 2003
FARMERS & STOCKMENS BANK — 2003
What FARMERS & STOCKMENS 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 | 49,375,000 | 48,577,000 | 49,427,000 | 51,458,000 |
| Total loans | 33,559,000 | 32,424,000 | 33,088,000 | 32,144,000 |
| Allowance for loan losses | 515,000 | 509,000 | 501,000 | 502,000 |
| Securities available for sale | 9,618,000 | 11,683,000 | 11,544,000 | 11,757,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,341,000 | 43,638,000 | 44,591,000 | 46,608,000 |
| Interest-bearing deposits | 37,789,000 | 37,365,000 | 37,454,000 | 38,844,000 |
| Noninterest-bearing deposits | 6,552,000 | 6,273,000 | 7,137,000 | 7,764,000 |
| Equity capital | 4,787,000 | 4,758,000 | 4,689,000 | 4,704,000 |
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 | 770,000 | 1,527,000 | 2,247,000 | 2,939,000 |
| Interest expense | 185,000 | 363,000 | 518,000 | 660,000 |
| Net interest income | 585,000 | 1,164,000 | 1,729,000 | 2,279,000 |
| Noninterest income | 60,000 | 127,000 | 191,000 | 264,000 |
| Noninterest expense | 392,000 | 800,000 | 1,206,000 | 1,616,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 30,000 |
| Pretax income | 253,000 | 491,000 | 699,000 | 897,000 |
| Income tax | 83,000 | 160,000 | 228,000 | 292,000 |
| Net income | 170,000 | 331,000 | 471,000 | 605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,640,000 | 3,615,000 | 3,619,000 | 3,657,000 |
| Total capital | 4,060,000 | 4,012,000 | 4,029,000 | 4,069,000 |
| Risk-weighted assets | 33,402,000 | 31,641,000 | 32,732,000 | 32,840,000 |