Call reports 2008
FARMERS STATE BANK OF FORT MORGAN — 2008
What FARMERS STATE BANK OF FORT MORGAN reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Total assets | 144,745,000 | 138,231,000 | 132,431,000 |
| Total loans | 66,143,000 | 69,260,000 | 72,377,000 |
| Allowance for loan losses | 988,000 | 842,000 | 829,000 |
| Securities available for sale | 33,630,000 | 26,104,000 | 23,188,000 |
| Securities held to maturity | 353,000 | 321,000 | 319,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 115,550,000 | 109,549,000 | 104,387,000 |
| Interest-bearing deposits | 91,732,000 | 86,066,000 | 79,638,000 |
| Noninterest-bearing deposits | 23,818,000 | 23,482,000 | 24,748,000 |
| Equity capital | 23,447,000 | 22,923,000 | 22,287,000 |
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 |
|---|---|---|---|
| Interest income | 1,919,000 | 3,628,000 | 5,229,000 |
| Interest expense | 660,000 | 1,128,000 | 1,530,000 |
| Net interest income | 1,259,000 | 2,500,000 | 3,699,000 |
| Noninterest income | 207,000 | 408,000 | 593,000 |
| Noninterest expense | 865,000 | 1,761,000 | 2,782,000 |
| Provision for loan losses | 0 | -160,000 | -68,000 |
| Pretax income | 601,000 | 1,307,000 | 1,578,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 601,000 | 1,307,000 | 1,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 23,355,000 | 23,061,000 | 22,332,000 |
| Total capital | 24,343,000 | 23,903,000 | 23,161,000 |
| Risk-weighted assets | 82,164,000 | 82,206,000 | 83,850,000 |