Call reports 2024
FARMERS STATE BANK — 2024
What FARMERS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,580,482,000 | 1,600,007,000 | 1,620,041,000 | 1,641,556,000 |
| Total loans | 1,278,471,000 | 1,299,301,000 | 1,309,921,000 | 1,323,609,000 |
| Allowance for loan losses | 14,172,000 | 13,278,000 | 13,197,000 | 13,161,000 |
| Securities available for sale | 237,978,000 | 233,433,000 | 236,924,000 | 238,005,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,207,464,000 | 1,198,855,000 | 1,205,683,000 | 1,153,621,000 |
| Interest-bearing deposits | 1,036,845,000 | 1,033,171,000 | 1,042,281,000 | 990,199,000 |
| Noninterest-bearing deposits | 170,619,000 | 165,684,000 | 163,402,000 | 163,422,000 |
| Equity capital | 140,901,000 | 140,703,000 | 145,686,000 | 145,116,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 18,783,000 | 38,031,000 | 57,871,000 | 78,159,000 |
| Interest expense | 12,833,000 | 25,941,000 | 39,091,000 | 51,248,000 |
| Net interest income | 5,950,000 | 12,090,000 | 18,780,000 | 26,911,000 |
| Noninterest income | 702,000 | 1,551,000 | 2,523,000 | 3,260,000 |
| Noninterest expense | 5,724,000 | 11,673,000 | 17,770,000 | 23,448,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 928,000 | 1,968,000 | 3,533,000 | 6,723,000 |
| Income tax | 56,000 | 95,000 | 172,000 | 259,000 |
| Net income | 872,000 | 1,873,000 | 3,361,000 | 6,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 151,740,000 | 152,741,000 | 154,228,000 | 157,332,000 |
| Total capital | 166,908,000 | 167,015,000 | 168,421,000 | 171,489,000 |
| Risk-weighted assets | 1,254,113,000 | 1,271,401,000 | 1,279,810,000 | 1,291,570,000 |