Call reports 2003
FARMERS STATE BANK OF FORT MORGAN — 2003
What FARMERS STATE BANK OF FORT MORGAN 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 | 143,057,000 | 142,222,000 | 140,134,000 | 142,505,000 |
| Total loans | 67,993,000 | 67,019,000 | 67,379,000 | 67,008,000 |
| Allowance for loan losses | 1,445,000 | 1,580,000 | 1,590,000 | 1,828,000 |
| Securities available for sale | 34,669,000 | 51,817,000 | 55,434,000 | 57,625,000 |
| Securities held to maturity | 31,595,000 | 17,447,000 | 13,284,000 | 13,244,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,309,000 | 113,500,000 | 108,723,000 | 110,061,000 |
| Interest-bearing deposits | 92,355,000 | 93,711,000 | 87,286,000 | 87,834,000 |
| Noninterest-bearing deposits | 21,954,000 | 19,789,000 | 21,437,000 | 22,227,000 |
| Equity capital | 21,462,000 | 21,405,000 | 20,865,000 | 19,927,000 |
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 | 2,000,000 | 3,963,000 | 5,877,000 | 7,866,000 |
| Interest expense | 417,000 | 812,000 | 1,206,000 | 1,579,000 |
| Net interest income | 1,583,000 | 3,151,000 | 4,671,000 | 6,287,000 |
| Noninterest income | 253,000 | 463,000 | 679,000 | 900,000 |
| Noninterest expense | 801,000 | 1,605,000 | 2,377,000 | 3,447,000 |
| Provision for loan losses | 50,000 | 160,000 | 160,000 | 385,000 |
| Pretax income | 985,000 | 1,993,000 | 2,995,000 | 3,537,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 985,000 | 1,993,000 | 2,995,000 | 3,537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,265,000 | 20,423,000 | 20,575,000 | 20,216,000 |
| Total capital | 21,238,000 | 21,409,000 | 21,547,000 | 21,192,000 |
| Risk-weighted assets | 77,383,000 | 78,285,000 | 77,130,000 | 77,249,000 |