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 | 20,600,000 | 19,708,000 | 19,961,000 | 20,647,000 |
| Total loans | 4,792,000 | 5,306,000 | 5,856,000 | 5,234,000 |
| Allowance for loan losses | 80,000 | 80,000 | 80,000 | 84,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,066,000 | 12,012,000 | 11,038,000 | 11,533,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,144,000 | 15,182,000 | 15,387,000 | 16,254,000 |
| Interest-bearing deposits | 13,339,000 | 12,671,000 | 12,658,000 | 12,757,000 |
| Noninterest-bearing deposits | 2,805,000 | 2,511,000 | 2,729,000 | 3,497,000 |
| Equity capital | 4,393,000 | 4,474,000 | 4,526,000 | 4,357,000 |
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 | 230,000 | 491,000 | 706,000 | 925,000 |
| Interest expense | 55,000 | 105,000 | 147,000 | 185,000 |
| Net interest income | 175,000 | 386,000 | 559,000 | 740,000 |
| Noninterest income | 14,000 | 27,000 | 38,000 | 60,000 |
| Noninterest expense | 135,000 | 254,000 | 378,000 | 585,000 |
| Provision for loan losses | -7,000 | -7,000 | -7,000 | -7,000 |
| Pretax income | 61,000 | 166,000 | 226,000 | 222,000 |
| Income tax | 15,000 | 38,000 | 47,000 | 62,000 |
| Net income | 46,000 | 128,000 | 179,000 | 160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,393,000 | 4,474,000 | 4,526,000 | 4,357,000 |
| Total capital | 4,473,000 | 4,554,000 | 4,606,000 | 4,441,000 |
| Risk-weighted assets | 7,657,000 | 7,809,000 | 8,381,000 | 7,923,000 |