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 | 174,600,000 | 170,738,000 | 175,292,000 | 184,656,000 |
| Total loans | 80,431,000 | 81,345,000 | 82,981,000 | 81,676,000 |
| Allowance for loan losses | 1,629,000 | 1,630,000 | 1,560,000 | 1,552,000 |
| Securities available for sale | 36,568,000 | 38,497,000 | 41,593,000 | 39,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,308,000 | 147,592,000 | 149,894,000 | 163,464,000 |
| Interest-bearing deposits | 67,395,000 | 65,515,000 | 67,969,000 | 67,129,000 |
| Noninterest-bearing deposits | 84,913,000 | 82,077,000 | 81,925,000 | 96,335,000 |
| Equity capital | 21,442,000 | 21,961,000 | 23,835,000 | 20,692,000 |
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 | 2,487,000 | 5,124,000 | 7,797,000 | 10,548,000 |
| Interest expense | 210,000 | 459,000 | 767,000 | 1,052,000 |
| Net interest income | 2,277,000 | 4,665,000 | 7,030,000 | 9,496,000 |
| Noninterest income | 343,000 | 679,000 | 992,000 | 1,317,000 |
| Noninterest expense | 1,470,000 | 3,048,000 | 4,732,000 | 6,531,000 |
| Provision for loan losses | 15,000 | 30,000 | -36,000 | -21,000 |
| Pretax income | 1,135,000 | 2,266,000 | 3,245,000 | 4,222,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,135,000 | 2,266,000 | 3,245,000 | 4,222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,241,000 | 27,647,000 | 28,213,000 | 26,654,000 |
| Total capital | 28,341,000 | 28,727,000 | 29,305,000 | 27,707,000 |
| Risk-weighted assets | 87,512,000 | 85,902,000 | 86,815,000 | 83,723,000 |