Call reports 2008
FARMERS STATE BANK — 2008
What FARMERS STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 24,086,000 | 24,583,000 | 24,173,000 | 25,503,000 |
| Total loans | 9,159,000 | 9,034,000 | 9,177,000 | 10,071,000 |
| Allowance for loan losses | 174,000 | 183,000 | 183,000 | 183,000 |
| Securities available for sale | 6,382,000 | 5,873,000 | 7,096,000 | 6,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,933,000 | 21,497,000 | 21,043,000 | 22,366,000 |
| Interest-bearing deposits | 15,644,000 | 16,604,000 | 15,971,000 | 14,228,000 |
| Noninterest-bearing deposits | 5,289,000 | 4,893,000 | 5,072,000 | 8,138,000 |
| Equity capital | 2,806,000 | 2,737,000 | 2,790,000 | 2,803,000 |
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 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 315,000 | 607,000 | 905,000 | 1,200,000 |
| Interest expense | 87,000 | 165,000 | 238,000 | 302,000 |
| Net interest income | 228,000 | 442,000 | 667,000 | 898,000 |
| Noninterest income | 21,000 | 32,000 | 45,000 | 333,000 |
| Noninterest expense | 126,000 | 251,000 | 379,000 | 850,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 123,000 | 223,000 | 333,000 | 381,000 |
| Income tax | 8,000 | 9,000 | 9,000 | 10,000 |
| Net income | 115,000 | 214,000 | 324,000 | 371,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,672,000 | 2,702,000 | 2,732,000 | 2,645,000 |
| Total capital | 2,833,000 | 2,865,000 | 2,896,000 | 2,821,000 |
| Risk-weighted assets | 12,853,000 | 12,997,000 | 13,089,000 | 14,099,000 |