Call reports 2004
FARMERS STATE BANK OF FORT MORGAN — 2004
What FARMERS STATE BANK OF FORT MORGAN reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 138,655,000 | 139,915,000 | 138,396,000 | 139,277,000 |
| Total loans | 66,559,000 | 67,325,000 | 64,636,000 | 63,280,000 |
| Allowance for loan losses | 1,830,000 | 1,830,000 | 1,316,000 | 1,332,000 |
| Securities available for sale | 58,510,000 | 58,988,000 | 57,786,000 | 58,442,000 |
| Securities held to maturity | 9,574,000 | 9,051,000 | 7,983,000 | 7,887,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,566,000 | 107,237,000 | 105,423,000 | 118,194,000 |
| Interest-bearing deposits | 88,905,000 | 87,838,000 | 83,641,000 | 94,870,000 |
| Noninterest-bearing deposits | 20,661,000 | 19,399,000 | 21,782,000 | 23,324,000 |
| Equity capital | 20,836,000 | 18,816,000 | 20,875,000 | 20,284,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,762,000 | 3,485,000 | 5,214,000 | 6,911,000 |
| Interest expense | 350,000 | 697,000 | 1,062,000 | 1,437,000 |
| Net interest income | 1,412,000 | 2,788,000 | 4,152,000 | 5,474,000 |
| Noninterest income | 181,000 | 361,000 | 604,000 | 836,000 |
| Noninterest expense | 815,000 | 1,709,000 | 2,503,000 | 3,569,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 903,000 | 1,566,000 | 2,378,000 | 2,867,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 903,000 | 1,566,000 | 2,378,000 | 2,867,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,470,000 | 20,332,000 | 21,144,000 | 20,833,000 |
| Total capital | 21,429,000 | 21,307,000 | 22,078,000 | 21,762,000 |
| Risk-weighted assets | 75,816,000 | 77,172,000 | 74,332,000 | 73,937,000 |