Call reports 2014
FARMERS STATE BANK OF WATKINS — 2014
What FARMERS STATE BANK OF WATKINS reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 39,910,000 | 39,973,000 | 41,343,000 | 41,469,000 |
| Total loans | 20,663,000 | 21,484,000 | 22,680,000 | 21,814,000 |
| Allowance for loan losses | 242,000 | 265,000 | 273,000 | 272,000 |
| Securities available for sale | 12,258,000 | 11,757,000 | 12,402,000 | 11,915,000 |
| Securities held to maturity | 1,934,000 | 1,930,000 | 1,901,000 | 1,877,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,574,000 | 34,462,000 | 35,714,000 | 35,856,000 |
| Interest-bearing deposits | 29,289,000 | 29,503,000 | 29,139,000 | 28,665,000 |
| Noninterest-bearing deposits | 5,285,000 | 4,959,000 | 6,575,000 | 7,191,000 |
| Equity capital | 5,097,000 | 5,232,000 | 5,309,000 | 5,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 410,000 | 817,000 | 1,242,000 | 1,670,000 |
| Interest expense | 30,000 | 60,000 | 89,000 | 119,000 |
| Net interest income | 380,000 | 757,000 | 1,153,000 | 1,551,000 |
| Noninterest income | 69,000 | 131,000 | 193,000 | 249,000 |
| Noninterest expense | 276,000 | 542,000 | 822,000 | 1,123,000 |
| Provision for loan losses | 8,000 | 31,000 | 39,000 | 46,000 |
| Pretax income | 165,000 | 315,000 | 485,000 | 631,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 165,000 | 315,000 | 485,000 | 631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,978,000 | 5,007,000 | 5,115,000 | 5,193,000 |
| Total capital | 5,220,000 | 5,272,000 | 5,388,000 | 5,465,000 |
| Risk-weighted assets | 25,320,000 | 25,129,000 | 25,657,000 | 24,923,000 |