Call reports 2023
IROQUOIS FARMERS STATE BANK — 2023
What IROQUOIS FARMERS STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 166,706,000 | 161,549,000 | 167,215,000 | 168,505,000 |
| Total loans | 89,296,000 | 93,981,000 | 98,871,000 | 100,801,000 |
| Allowance for loan losses | 444,000 | 458,000 | 393,000 | 375,000 |
| Securities available for sale | 48,916,000 | 50,136,000 | 49,952,000 | 50,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,736,000 | 152,720,000 | 158,444,000 | 154,216,000 |
| Interest-bearing deposits | 121,661,000 | 119,161,000 | 120,027,000 | 116,358,000 |
| Noninterest-bearing deposits | 36,075,000 | 33,559,000 | 38,417,000 | 37,858,000 |
| Equity capital | 8,069,000 | 7,884,000 | 7,850,000 | 9,457,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,366,000 | 2,862,000 | 4,414,000 | 6,015,000 |
| Interest expense | 372,000 | 865,000 | 1,450,000 | 2,061,000 |
| Net interest income | 994,000 | 1,997,000 | 2,964,000 | 3,954,000 |
| Noninterest income | 60,000 | 114,000 | 170,000 | 213,000 |
| Noninterest expense | 695,000 | 1,420,000 | 2,189,000 | 2,945,000 |
| Provision for loan losses | 9,000 | 22,000 | -5,000 | -20,000 |
| Pretax income | 350,000 | 669,000 | 950,000 | 1,242,000 |
| Income tax | -26,000 | -16,000 | -6,000 | 3,000 |
| Net income | 376,000 | 685,000 | 956,000 | 1,239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,612,000 | 11,714,000 | 11,834,000 | 12,117,000 |
| Total capital | 12,056,000 | 12,172,000 | 12,227,000 | 12,492,000 |
| Risk-weighted assets | 110,398,000 | 113,939,000 | 118,135,000 | 110,739,000 |