Call reports 2003
FARMERS BANK, THE — 2003
What FARMERS BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 18,796,000 | 18,819,000 | 18,761,000 | 18,938,000 |
| Total loans | 10,326,000 | 11,108,000 | 11,884,000 | 11,252,000 |
| Allowance for loan losses | 272,000 | 259,000 | 259,000 | 168,000 |
| Securities available for sale | 5,341,000 | 5,376,000 | 5,140,000 | 4,588,000 |
| Securities held to maturity | 63,000 | 31,000 | 30,000 | 129,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,989,000 | 15,987,000 | 15,926,000 | 16,113,000 |
| Interest-bearing deposits | 14,375,000 | 14,354,000 | 14,108,000 | 14,237,000 |
| Noninterest-bearing deposits | 1,614,000 | 1,633,000 | 1,818,000 | 1,876,000 |
| Equity capital | 2,434,000 | 2,461,000 | 2,471,000 | 2,463,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 266,000 | 527,000 | 794,000 | 1,050,000 |
| Interest expense | 96,000 | 192,000 | 278,000 | 358,000 |
| Net interest income | 170,000 | 335,000 | 516,000 | 692,000 |
| Noninterest income | 37,000 | 57,000 | 77,000 | 96,000 |
| Noninterest expense | 163,000 | 309,000 | 450,000 | 637,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 44,000 | 83,000 | 143,000 | 151,000 |
| Income tax | 6,000 | 9,000 | 20,000 | 15,000 |
| Net income | 38,000 | 74,000 | 123,000 | 136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,342,000 | 2,358,000 | 2,407,000 | 2,395,000 |
| Total capital | 2,538,000 | 2,558,000 | 2,619,000 | 2,563,000 |
| Risk-weighted assets | 15,580,000 | 15,947,000 | 16,874,000 | 16,273,000 |