Call reports 2023
FARMERS STATE BANK — 2023
What FARMERS STATE BANK 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 | 1,535,877,000 | 1,546,711,000 | 1,534,372,000 | 1,581,424,000 |
| Total loans | 1,257,348,000 | 1,260,075,000 | 1,255,832,000 | 1,266,687,000 |
| Allowance for loan losses | 14,311,000 | 14,423,000 | 14,411,000 | 14,366,000 |
| Securities available for sale | 222,636,000 | 228,170,000 | 214,592,000 | 235,258,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,232,347,000 | 1,172,118,000 | 1,189,899,000 | 1,240,873,000 |
| Interest-bearing deposits | 1,061,954,000 | 994,666,000 | 1,012,219,000 | 1,059,459,000 |
| Noninterest-bearing deposits | 170,393,000 | 177,452,000 | 177,680,000 | 181,414,000 |
| Equity capital | 144,771,000 | 142,103,000 | 129,439,000 | 143,262,000 |
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 | 16,589,000 | 33,663,000 | 51,465,000 | 69,767,000 |
| Interest expense | 8,923,000 | 19,348,000 | 30,706,000 | 42,660,000 |
| Net interest income | 7,666,000 | 14,315,000 | 20,759,000 | 27,107,000 |
| Noninterest income | 776,000 | 1,396,000 | 2,407,000 | 2,947,000 |
| Noninterest expense | 5,571,000 | 11,386,000 | 17,355,000 | 22,738,000 |
| Provision for loan losses | 155,000 | 220,000 | 306,000 | 336,000 |
| Pretax income | 2,716,000 | 4,105,000 | 5,505,000 | 6,980,000 |
| Income tax | 134,000 | 205,000 | 270,000 | 306,000 |
| Net income | 2,582,000 | 3,900,000 | 5,235,000 | 6,674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 154,775,000 | 155,093,000 | 153,428,000 | 152,867,000 |
| Total capital | 170,082,000 | 170,512,000 | 168,835,000 | 168,229,000 |
| Risk-weighted assets | 1,238,233,000 | 1,237,882,000 | 1,241,691,000 | 1,240,436,000 |