Call reports 2008
FARMERS STATE BANK OF WATKINS — 2008
What FARMERS STATE BANK OF WATKINS 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 | 31,838,000 | 32,531,000 | 31,094,000 | 32,366,000 |
| Total loans | 19,027,000 | 20,665,000 | 20,178,000 | 19,466,000 |
| Allowance for loan losses | 170,000 | 171,000 | 190,000 | 184,000 |
| Securities available for sale | 3,159,000 | 2,621,000 | 2,598,000 | 3,006,000 |
| Securities held to maturity | 4,962,000 | 4,960,000 | 4,827,000 | 4,514,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,840,000 | 27,565,000 | 25,957,000 | 27,180,000 |
| Interest-bearing deposits | 23,339,000 | 23,943,000 | 22,362,000 | 23,073,000 |
| Noninterest-bearing deposits | 3,501,000 | 3,622,000 | 3,595,000 | 4,107,000 |
| Equity capital | 4,427,000 | 4,383,000 | 4,535,000 | 4,707,000 |
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 | 506,000 | 1,001,000 | 1,498,000 | 1,959,000 |
| Interest expense | 183,000 | 353,000 | 505,000 | 645,000 |
| Net interest income | 323,000 | 648,000 | 993,000 | 1,314,000 |
| Noninterest income | 56,000 | 127,000 | 157,000 | 209,000 |
| Noninterest expense | 215,000 | 466,000 | 666,000 | 889,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 35,000 |
| Pretax income | 164,000 | 309,000 | 464,000 | 599,000 |
| Income tax | 0 | 0 | 3,000 | 4,000 |
| Net income | 164,000 | 309,000 | 461,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,427,000 | 4,480,000 | 4,612,000 | 4,708,000 |
| Total capital | 4,597,000 | 4,651,000 | 4,802,000 | 4,892,000 |
| Risk-weighted assets | 22,677,000 | 23,163,000 | 24,006,000 | 22,886,000 |