Call reports 2023
FARM BUREAU BANK FSB — 2023
What FARM BUREAU BANK FSB 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 | 1,128,385,000 | 1,157,790,000 | 1,172,574,000 | 1,161,375,000 |
| Total loans | 849,753,000 | 882,230,000 | 889,145,000 | 880,262,000 |
| Allowance for loan losses | 14,036,000 | 14,513,000 | 14,034,000 | 16,631,000 |
| Securities available for sale | 157,244,000 | 154,960,000 | 157,862,000 | 162,672,000 |
| Securities held to maturity | 12,202,000 | 12,843,000 | 12,121,000 | 11,827,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 987,472,000 | 1,010,240,000 | 1,024,861,000 | 1,009,920,000 |
| Interest-bearing deposits | 960,959,000 | 983,247,000 | 997,935,000 | 981,001,000 |
| Noninterest-bearing deposits | 26,512,000 | 26,993,000 | 26,926,000 | 28,919,000 |
| Equity capital | 97,445,000 | 96,197,000 | 95,624,000 | 99,048,000 |
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 | 17,242,000 | 36,056,000 | 56,155,000 | 76,802,000 |
| Interest expense | 5,102,000 | 11,819,000 | 19,751,000 | 28,224,000 |
| Net interest income | 12,140,000 | 24,237,000 | 36,404,000 | 48,578,000 |
| Noninterest income | 1,389,000 | 2,915,000 | 4,427,000 | 5,932,000 |
| Noninterest expense | 9,990,000 | 19,871,000 | 30,322,000 | 40,854,000 |
| Provision for loan losses | 1,679,000 | 3,654,000 | 4,592,000 | 8,565,000 |
| Pretax income | 1,858,000 | 3,627,000 | 5,918,000 | 5,088,000 |
| Income tax | 458,000 | 1,129,000 | 1,381,000 | 1,374,000 |
| Net income | 1,478,000 | 2,593,000 | 4,652,000 | 3,846,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,911,000 | 110,114,000 | 112,238,000 | 111,479,000 |
| Total capital | 116,801,000 | 118,479,000 | 120,123,000 | 121,965,000 |
| Risk-weighted assets | 938,682,000 | 975,196,000 | 977,780,000 | 966,155,000 |