Call reports 2019
FARMERS STATE BANK OF WATKINS — 2019
What FARMERS STATE BANK OF WATKINS reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 43,788,000 | 42,988,000 | 43,460,000 | 46,707,000 |
| Total loans | 20,264,000 | 21,176,000 | 21,436,000 | 21,369,000 |
| Allowance for loan losses | 249,000 | 250,000 | 249,000 | 246,000 |
| Securities available for sale | 15,142,000 | 14,806,000 | 14,426,000 | 13,999,000 |
| Securities held to maturity | 375,000 | 375,000 | 100,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,172,000 | 36,905,000 | 37,070,000 | 40,334,000 |
| Interest-bearing deposits | 30,025,000 | 29,409,000 | 28,506,000 | 29,874,000 |
| Noninterest-bearing deposits | 8,147,000 | 7,496,000 | 8,564,000 | 10,460,000 |
| Equity capital | 5,296,000 | 5,725,000 | 6,000,000 | 6,064,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 424,000 | 857,000 | 1,293,000 | 1,730,000 |
| Interest expense | 33,000 | 70,000 | 107,000 | 145,000 |
| Net interest income | 391,000 | 787,000 | 1,186,000 | 1,585,000 |
| Noninterest income | 69,000 | 133,000 | 204,000 | 290,000 |
| Noninterest expense | 263,000 | 569,000 | 852,000 | 1,165,000 |
| Provision for loan losses | 8,000 | 8,000 | 8,000 | 13,000 |
| Pretax income | 189,000 | 343,000 | 530,000 | 697,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 189,000 | 343,000 | 530,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,506,000 | 5,586,000 | 5,737,000 | 5,802,000 |
| Total capital | 5,755,000 | 5,836,000 | 5,986,000 | 6,048,000 |
| Risk-weighted assets | 23,610,000 | 24,734,000 | 24,523,000 | 24,977,000 |