Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 733,045,000 | 721,149,000 | 731,941,000 | 725,698,000 |
| Total loans | 467,350,000 | 470,300,000 | 471,827,000 | 467,822,000 |
| Allowance for loan losses | 6,552,000 | 6,567,000 | 6,433,000 | 6,512,000 |
| Securities available for sale | 183,966,000 | 182,214,000 | 188,773,000 | 192,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 600,142,000 | 606,268,000 | 619,724,000 | 628,691,000 |
| Interest-bearing deposits | 421,380,000 | 416,556,000 | 428,273,000 | 440,581,000 |
| Noninterest-bearing deposits | 178,762,000 | 189,712,000 | 191,451,000 | 188,110,000 |
| Equity capital | 35,136,000 | 37,391,000 | 43,870,000 | 39,367,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,563,000 | 16,985,000 | 25,967,000 | 35,104,000 |
| Interest expense | 3,216,000 | 6,240,000 | 9,449,000 | 12,539,000 |
| Net interest income | 5,347,000 | 10,745,000 | 16,518,000 | 22,565,000 |
| Noninterest income | 679,000 | 1,457,000 | 2,315,000 | 3,091,000 |
| Noninterest expense | 5,585,000 | 11,391,000 | 16,966,000 | 21,932,000 |
| Provision for loan losses | -28,000 | -28,000 | -173,000 | -203,000 |
| Pretax income | 561,000 | 931,000 | 1,972,000 | 3,864,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 561,000 | 931,000 | 1,972,000 | 3,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,665,000 | 62,921,000 | 63,687,000 | 65,578,000 |
| Total capital | 69,004,000 | 69,216,000 | 70,033,000 | 71,959,000 |
| Risk-weighted assets | 506,450,000 | 502,892,000 | 507,007,000 | 509,821,000 |