Call reports 2003
FARMERS BANK — 2003
What FARMERS 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 | 42,960,000 | 42,934,000 | 39,205,000 | 39,805,000 |
| Total loans | 25,433,000 | 24,651,000 | 16,562,000 | 16,174,000 |
| Allowance for loan losses | 235,000 | 237,000 | 299,000 | 282,000 |
| Securities available for sale | 6,441,000 | 7,192,000 | 7,018,000 | 9,860,000 |
| Securities held to maturity | 1,832,000 | 1,646,000 | 1,238,000 | 1,160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,623,000 | 38,602,000 | 34,091,000 | 34,992,000 |
| Interest-bearing deposits | 33,541,000 | 32,981,000 | 28,947,000 | 28,934,000 |
| Noninterest-bearing deposits | 5,082,000 | 5,621,000 | 5,144,000 | 6,058,000 |
| Equity capital | 4,170,000 | 4,111,000 | 4,920,000 | 4,643,000 |
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 | 474,000 | 978,000 | 1,408,000 | 1,805,000 |
| Interest expense | 182,000 | 355,000 | 506,000 | 644,000 |
| Net interest income | 292,000 | 623,000 | 902,000 | 1,161,000 |
| Noninterest income | 75,000 | 111,000 | 171,000 | 210,000 |
| Noninterest expense | 403,000 | 747,000 | 1,082,000 | 1,615,000 |
| Provision for loan losses | 173,000 | 176,000 | 6,834,000 | 6,857,000 |
| Pretax income | -209,000 | -189,000 | -6,843,000 | -7,101,000 |
| Income tax | 0 | 0 | -2,494,000 | -2,494,000 |
| Net income | -209,000 | -189,000 | -4,349,000 | -4,607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,992,000 | 4,011,000 | 3,077,000 | 2,778,000 |
| Total capital | 4,227,000 | 4,248,000 | 3,333,000 | 3,024,000 |
| Risk-weighted assets | 26,526,000 | 25,868,000 | 20,412,000 | 19,663,000 |