Call reports 2008
FARMERS BANK — 2008
What FARMERS 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 | 35,732,000 | 36,440,000 | 33,310,000 | 34,026,000 |
| Total loans | 13,453,000 | 13,674,000 | 13,043,000 | 11,325,000 |
| Allowance for loan losses | 352,000 | 351,000 | 350,000 | 352,000 |
| Securities available for sale | 2,643,000 | 4,572,000 | 3,060,000 | 3,614,000 |
| Securities held to maturity | 14,010,000 | 12,509,000 | 12,009,000 | 11,558,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,831,000 | 31,528,000 | 28,382,000 | 28,978,000 |
| Interest-bearing deposits | 24,498,000 | 24,701,000 | 22,607,000 | 22,770,000 |
| Noninterest-bearing deposits | 6,333,000 | 6,827,000 | 5,775,000 | 6,208,000 |
| Equity capital | 4,813,000 | 4,822,000 | 4,875,000 | 4,989,000 |
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 | 504,000 | 992,000 | 1,465,000 | 1,900,000 |
| Interest expense | 141,000 | 264,000 | 377,000 | 485,000 |
| Net interest income | 363,000 | 728,000 | 1,088,000 | 1,415,000 |
| Noninterest income | 171,000 | 225,000 | 274,000 | 415,000 |
| Noninterest expense | 338,000 | 679,000 | 1,002,000 | 1,341,000 |
| Provision for loan losses | 126,000 | 126,000 | 127,000 | 129,000 |
| Pretax income | 70,000 | 148,000 | 245,000 | 360,000 |
| Income tax | 24,000 | 50,000 | 83,000 | 122,000 |
| Net income | 46,000 | 98,000 | 162,000 | 238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,768,000 | 4,820,000 | 4,882,000 | 4,960,000 |
| Total capital | 4,984,000 | 5,038,000 | 5,086,000 | 5,157,000 |
| Risk-weighted assets | 17,166,000 | 17,751,000 | 16,211,000 | 15,628,000 |