Call reports 2018
FARMERS STATE BANK OF WATKINS — 2018
What FARMERS STATE BANK OF WATKINS reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 44,191,000 | 41,720,000 | 41,721,000 | 43,366,000 |
| Total loans | 18,819,000 | 20,797,000 | 21,346,000 | 20,596,000 |
| Allowance for loan losses | 260,000 | 268,000 | 228,000 | 245,000 |
| Securities available for sale | 17,174,000 | 16,567,000 | 15,834,000 | 15,298,000 |
| Securities held to maturity | 1,050,000 | 799,000 | 797,000 | 575,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,009,000 | 36,493,000 | 36,464,000 | 37,960,000 |
| Interest-bearing deposits | 31,502,000 | 29,378,000 | 28,922,000 | 28,762,000 |
| Noninterest-bearing deposits | 7,507,000 | 7,115,000 | 7,542,000 | 9,198,000 |
| Equity capital | 4,882,000 | 4,897,000 | 4,895,000 | 5,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 391,000 | 785,000 | 1,197,000 | 1,616,000 |
| Interest expense | 26,000 | 51,000 | 77,000 | 107,000 |
| Net interest income | 365,000 | 734,000 | 1,120,000 | 1,509,000 |
| Noninterest income | 91,000 | 155,000 | 208,000 | 282,000 |
| Noninterest expense | 282,000 | 587,000 | 889,000 | 1,174,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 45,000 |
| Pretax income | 166,000 | 287,000 | 416,000 | 553,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 166,000 | 287,000 | 416,000 | 553,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,351,000 | 5,391,000 | 5,481,000 | 5,557,000 |
| Total capital | 5,611,000 | 5,659,000 | 5,709,000 | 5,802,000 |
| Risk-weighted assets | 23,478,000 | 24,918,000 | 24,778,000 | 23,926,000 |