Call reports 2003
FARMERS STATE BANK & TRUST COMPANY — 2003
What FARMERS STATE BANK & TRUST COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 59,925,000 | 58,048,000 | 56,225,000 | 56,789,000 |
| Total loans | 26,590,000 | 26,676,000 | 26,411,000 | 27,406,000 |
| Allowance for loan losses | 506,000 | 493,000 | 509,000 | 507,000 |
| Securities available for sale | 20,074,000 | 18,822,000 | 18,562,000 | 16,621,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,411,000 | 50,336,000 | 48,548,000 | 49,318,000 |
| Interest-bearing deposits | 41,795,000 | 40,646,000 | 39,680,000 | 38,949,000 |
| Noninterest-bearing deposits | 10,616,000 | 9,690,000 | 8,868,000 | 10,369,000 |
| Equity capital | 7,075,000 | 7,209,000 | 7,226,000 | 7,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 798,000 | 1,574,000 | 2,327,000 | 3,052,000 |
| Interest expense | 197,000 | 380,000 | 534,000 | 672,000 |
| Net interest income | 601,000 | 1,194,000 | 1,793,000 | 2,380,000 |
| Noninterest income | 123,000 | 246,000 | 359,000 | 475,000 |
| Noninterest expense | 576,000 | 1,117,000 | 1,674,000 | 2,419,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 148,000 | 323,000 | 478,000 | 436,000 |
| Income tax | 42,000 | 88,000 | 132,000 | 94,000 |
| Net income | 106,000 | 235,000 | 346,000 | 342,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,841,000 | 6,942,000 | 7,053,000 | 6,965,000 |
| Total capital | 7,209,000 | 7,309,000 | 7,418,000 | 7,340,000 |
| Risk-weighted assets | 29,266,000 | 29,230,000 | 29,068,000 | 29,876,000 |