Call reports 2003
FARMERS STATE BANK — 2003
What FARMERS STATE 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 | 173,115,000 | 177,112,000 | 182,128,000 | 193,745,000 |
| Total loans | 106,200,000 | 110,353,000 | 109,818,000 | 111,765,000 |
| Allowance for loan losses | 1,779,000 | 1,748,000 | 1,838,000 | 1,851,000 |
| Securities available for sale | 40,457,000 | 45,332,000 | 46,365,000 | 49,091,000 |
| Securities held to maturity | 4,556,000 | 4,218,000 | 3,869,000 | 3,802,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,604,000 | 154,259,000 | 159,333,000 | 171,360,000 |
| Interest-bearing deposits | 124,511,000 | 127,626,000 | 132,227,000 | 141,873,000 |
| Noninterest-bearing deposits | 26,093,000 | 26,633,000 | 27,106,000 | 29,487,000 |
| Equity capital | 21,974,000 | 22,290,000 | 22,173,000 | 22,032,000 |
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 | 2,591,000 | 4,950,000 | 7,459,000 | 9,953,000 |
| Interest expense | 672,000 | 1,326,000 | 1,912,000 | 2,526,000 |
| Net interest income | 1,919,000 | 3,624,000 | 5,547,000 | 7,427,000 |
| Noninterest income | 498,000 | 1,078,000 | 1,569,000 | 2,084,000 |
| Noninterest expense | 1,468,000 | 2,810,000 | 4,382,000 | 5,921,000 |
| Provision for loan losses | 81,000 | 110,000 | 243,000 | 393,000 |
| Pretax income | 868,000 | 1,782,000 | 2,491,000 | 3,197,000 |
| Income tax | 18,000 | 36,000 | 54,000 | 73,000 |
| Net income | 850,000 | 1,746,000 | 2,437,000 | 3,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,422,000 | 18,716,000 | 19,104,000 | 18,867,000 |
| Total capital | 19,742,000 | 20,089,000 | 20,498,000 | 20,314,000 |
| Risk-weighted assets | 105,132,000 | 109,526,000 | 111,100,000 | 115,365,000 |