Call reports 2024
FARMERS STATE BANK & TRUST COMPANY — 2024
What FARMERS STATE BANK & TRUST COMPANY 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 | 164,607,000 | 166,610,000 | 164,115,000 | 164,828,000 |
| Total loans | 82,422,000 | 84,765,000 | 83,185,000 | 79,335,000 |
| Allowance for loan losses | 1,588,000 | 1,588,000 | 1,582,000 | 1,581,000 |
| Securities available for sale | 26,151,000 | 27,714,000 | 34,485,000 | 39,204,000 |
| Securities held to maturity | 18,555,000 | 18,280,000 | 17,956,000 | 17,700,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,622,000 | 152,872,000 | 149,120,000 | 150,232,000 |
| Interest-bearing deposits | 104,877,000 | 103,255,000 | 99,661,000 | 101,529,000 |
| Noninterest-bearing deposits | 46,745,000 | 49,617,000 | 49,459,000 | 48,703,000 |
| Equity capital | 11,714,000 | 12,328,000 | 13,460,000 | 13,378,000 |
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 | 2,133,000 | 4,343,000 | 6,630,000 | 8,848,000 |
| Interest expense | 492,000 | 1,008,000 | 1,550,000 | 2,108,000 |
| Net interest income | 1,641,000 | 3,335,000 | 5,080,000 | 6,740,000 |
| Noninterest income | 226,000 | 472,000 | 706,000 | 972,000 |
| Noninterest expense | 1,035,000 | 2,105,000 | 3,217,000 | 4,385,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 832,000 | 1,701,000 | 2,568,000 | 3,326,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 832,000 | 1,701,000 | 2,568,000 | 3,326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,821,000 | 15,389,000 | 15,948,000 | 16,399,000 |