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 | 31,285,000 | 33,616,000 | 35,105,000 | 34,279,000 |
| Total loans | 24,025,000 | 25,784,000 | 25,707,000 | 24,967,000 |
| Allowance for loan losses | 316,000 | 324,000 | 336,000 | 331,000 |
| Securities available for sale | 2,006,000 | 1,500,000 | 1,464,000 | 3,482,000 |
| Securities held to maturity | 1,105,000 | 1,105,000 | 1,175,000 | 1,152,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,485,000 | 27,602,000 | 30,488,000 | 31,035,000 |
| Interest-bearing deposits | 24,788,000 | 25,511,000 | 26,843,000 | 28,299,000 |
| Noninterest-bearing deposits | 2,698,000 | 2,091,000 | 3,645,000 | 2,736,000 |
| Equity capital | 2,439,000 | 2,550,000 | 2,666,000 | 2,769,000 |
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 | 518,000 | 1,062,000 | 1,604,000 | 2,131,000 |
| Interest expense | 156,000 | 305,000 | 443,000 | 573,000 |
| Net interest income | 362,000 | 757,000 | 1,161,000 | 1,558,000 |
| Noninterest income | 43,000 | 102,000 | 168,000 | 222,000 |
| Noninterest expense | 253,000 | 514,000 | 774,000 | 1,056,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 140,000 | 321,000 | 519,000 | 676,000 |
| Income tax | 43,000 | 108,000 | 167,000 | 223,000 |
| Net income | 97,000 | 213,000 | 352,000 | 453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,435,000 | 2,550,000 | 2,702,000 | 2,790,000 |
| Total capital | 2,751,000 | 2,874,000 | 3,026,000 | 3,120,000 |
| Risk-weighted assets | 25,789,000 | 27,387,000 | 25,905,000 | 26,596,000 |