Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 676,602,000 | 708,358,000 | 715,004,000 | 718,321,000 |
| Total loans | 425,160,000 | 451,015,000 | 459,124,000 | 463,036,000 |
| Allowance for loan losses | 6,376,000 | 6,643,000 | 6,535,000 | 6,572,000 |
| Securities available for sale | 202,972,000 | 195,519,000 | 186,170,000 | 190,529,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 601,481,000 | 601,654,000 | 612,436,000 | 605,071,000 |
| Interest-bearing deposits | 397,257,000 | 396,058,000 | 403,134,000 | 417,248,000 |
| Noninterest-bearing deposits | 204,224,000 | 205,596,000 | 209,302,000 | 187,823,000 |
| Equity capital | 34,249,000 | 34,013,000 | 29,051,000 | 39,251,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,410,000 | 13,493,000 | 21,169,000 | 29,340,000 |
| Interest expense | 1,140,000 | 3,024,000 | 5,289,000 | 7,887,000 |
| Net interest income | 5,270,000 | 10,469,000 | 15,880,000 | 21,453,000 |
| Noninterest income | 637,000 | 2,343,000 | 3,115,000 | 3,799,000 |
| Noninterest expense | 5,397,000 | 10,643,000 | 16,165,000 | 21,300,000 |
| Provision for loan losses | -170,000 | 75,000 | -86,000 | -86,000 |
| Pretax income | 762,000 | 2,171,000 | 3,002,000 | 4,064,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 762,000 | 2,171,000 | 3,002,000 | 4,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,847,000 | 62,305,000 | 62,563,000 | 63,539,000 |
| Total capital | 65,849,000 | 68,672,000 | 68,970,000 | 69,879,000 |
| Risk-weighted assets | 479,209,000 | 508,526,000 | 511,878,000 | 506,398,000 |