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 | 285,048,000 | 296,501,000 | 295,010,000 | 300,856,000 |
| Total loans | 198,372,000 | 213,759,000 | 214,967,000 | 213,121,000 |
| Allowance for loan losses | 3,063,000 | 3,436,000 | 4,045,000 | 7,896,000 |
| Securities available for sale | 57,135,000 | 51,210,000 | 49,207,000 | 54,906,000 |
| Securities held to maturity | 96,000 | 93,000 | 92,000 | 90,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,103,000 | 243,082,000 | 244,612,000 | 254,137,000 |
| Interest-bearing deposits | 190,660,000 | 196,585,000 | 199,963,000 | 210,745,000 |
| Noninterest-bearing deposits | 43,443,000 | 46,497,000 | 44,649,000 | 43,392,000 |
| Equity capital | 30,623,000 | 30,571,000 | 31,055,000 | 28,664,000 |
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 | 4,505,000 | 9,226,000 | 13,890,000 | 18,226,000 |
| Interest expense | 1,579,000 | 3,087,000 | 4,501,000 | 5,856,000 |
| Net interest income | 2,926,000 | 6,139,000 | 9,389,000 | 12,370,000 |
| Noninterest income | 846,000 | 1,766,000 | 2,724,000 | 3,286,000 |
| Noninterest expense | 2,976,000 | 6,117,000 | 9,211,000 | 12,459,000 |
| Provision for loan losses | 139,000 | 542,000 | 1,344,000 | 5,960,000 |
| Pretax income | 657,000 | 1,255,000 | 1,567,000 | -2,754,000 |
| Income tax | 173,000 | 328,000 | 387,000 | -1,346,000 |
| Net income | 484,000 | 927,000 | 1,180,000 | -1,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,003,000 | 30,446,000 | 30,699,000 | 28,086,000 |
| Total capital | 32,845,000 | 33,496,000 | 33,754,000 | 31,126,000 |
| Risk-weighted assets | 227,153,000 | 243,612,000 | 243,447,000 | 238,357,000 |