Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 38,214,000 | 39,677,000 | 40,343,000 | 43,424,000 |
| Total loans | 28,225,000 | 29,719,000 | 29,981,000 | 28,569,000 |
| Allowance for loan losses | 289,000 | 315,000 | 367,000 | 326,000 |
| Securities available for sale | 4,407,000 | 3,819,000 | 5,352,000 | 7,894,000 |
| Securities held to maturity | 661,000 | 661,000 | 653,000 | 588,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,257,000 | 36,004,000 | 36,620,000 | 39,437,000 |
| Interest-bearing deposits | 31,618,000 | 33,443,000 | 33,352,000 | 35,597,000 |
| Noninterest-bearing deposits | 2,639,000 | 2,561,000 | 3,269,000 | 3,840,000 |
| Equity capital | 3,604,000 | 3,382,000 | 3,422,000 | 3,719,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 709,000 | 1,348,000 | 1,993,000 | 2,640,000 |
| Interest expense | 261,000 | 497,000 | 729,000 | 960,000 |
| Net interest income | 448,000 | 851,000 | 1,264,000 | 1,680,000 |
| Noninterest income | 48,000 | 130,000 | 182,000 | 231,000 |
| Noninterest expense | 326,000 | 604,000 | 893,000 | 1,182,000 |
| Provision for loan losses | 0 | 145,000 | 195,000 | 236,000 |
| Pretax income | 186,000 | 232,000 | 358,000 | 493,000 |
| Income tax | 6,000 | 12,000 | 19,000 | 23,000 |
| Net income | 180,000 | 220,000 | 339,000 | 470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,487,000 | 3,387,000 | 3,379,000 | 3,399,000 |
| Total capital | 3,776,000 | 3,702,000 | 3,746,000 | 3,725,000 |
| Risk-weighted assets | 31,019,000 | 32,751,000 | 33,329,000 | 32,515,000 |