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 | 361,721,000 | 354,110,000 | 351,724,000 | 364,209,000 |
| Total loans | 218,842,000 | 223,335,000 | 216,079,000 | 221,615,000 |
| Allowance for loan losses | 3,509,000 | 3,319,000 | 3,535,000 | 3,095,000 |
| Securities available for sale | 87,364,000 | 86,746,000 | 83,082,000 | 82,064,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,729,000 | 302,755,000 | 297,184,000 | 312,984,000 |
| Interest-bearing deposits | 189,161,000 | 185,303,000 | 180,870,000 | 190,697,000 |
| Noninterest-bearing deposits | 122,568,000 | 117,452,000 | 116,314,000 | 122,287,000 |
| Equity capital | 47,715,000 | 48,864,000 | 51,715,000 | 49,223,000 |
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 | 4,908,000 | 9,904,000 | 15,001,000 | 20,379,000 |
| Interest expense | 785,000 | 1,676,000 | 2,619,000 | 3,628,000 |
| Net interest income | 4,123,000 | 8,228,000 | 12,382,000 | 16,751,000 |
| Noninterest income | 424,000 | 923,000 | 1,421,000 | 1,909,000 |
| Noninterest expense | 2,749,000 | 5,553,000 | 8,339,000 | 11,069,000 |
| Provision for loan losses | 0 | 300,000 | 625,000 | 825,000 |
| Pretax income | 1,798,000 | 3,298,000 | 4,839,000 | 6,766,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,798,000 | 3,298,000 | 4,839,000 | 6,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,876,000 | 52,864,000 | 53,884,000 | 52,616,000 |
| Total capital | 54,891,000 | 55,926,000 | 56,769,000 | 55,659,000 |
| Risk-weighted assets | 240,680,000 | 244,680,000 | 230,146,000 | 243,401,000 |