Call reports 2008
FARMERS STATE BANK & TRUST COMPANY — 2008
What FARMERS STATE BANK & TRUST COMPANY 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 | 73,542,000 | 72,455,000 | 74,092,000 | 79,400,000 |
| Total loans | 42,833,000 | 43,091,000 | 43,519,000 | 40,810,000 |
| Allowance for loan losses | 731,000 | 643,000 | 661,000 | 699,000 |
| Securities available for sale | 19,441,000 | 19,030,000 | 19,136,000 | 22,127,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,816,000 | 65,579,000 | 66,781,000 | 72,227,000 |
| Interest-bearing deposits | 49,448,000 | 48,202,000 | 49,423,000 | 53,276,000 |
| Noninterest-bearing deposits | 17,368,000 | 17,377,000 | 17,358,000 | 18,951,000 |
| Equity capital | 6,404,000 | 6,410,000 | 6,591,000 | 6,799,000 |
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 | 1,159,000 | 2,305,000 | 3,453,000 | 4,610,000 |
| Interest expense | 370,000 | 706,000 | 1,014,000 | 1,327,000 |
| Net interest income | 789,000 | 1,599,000 | 2,439,000 | 3,283,000 |
| Noninterest income | 260,000 | 554,000 | 782,000 | 1,003,000 |
| Noninterest expense | 676,000 | 1,390,000 | 2,121,000 | 2,980,000 |
| Provision for loan losses | 15,000 | 45,000 | 75,000 | 105,000 |
| Pretax income | 358,000 | 718,000 | 1,025,000 | 1,210,000 |
| Income tax | 0 | 14,000 | 14,000 | 13,000 |
| Net income | 358,000 | 704,000 | 1,011,000 | 1,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,113,000 | 6,311,000 | 6,488,000 | 6,557,000 |
| Total capital | 6,704,000 | 6,904,000 | 7,094,000 | 7,149,000 |
| Risk-weighted assets | 47,135,000 | 47,360,000 | 48,464,000 | 47,232,000 |