Call reports 2001
FARMERS STATE BANK, SPENCER — 2001
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 14,383,000 | 14,800,000 | 13,970,000 | 14,784,000 |
| Total loans | 4,577,000 | 4,928,000 | 5,189,000 | 5,435,000 |
| Allowance for loan losses | 99,000 | 125,000 | 159,000 | 79,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,881,000 | 7,684,000 | 6,653,000 | 7,742,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,851,000 | 12,255,000 | 11,421,000 | 12,331,000 |
| Interest-bearing deposits | 10,631,000 | 10,706,000 | 10,214,000 | 10,542,000 |
| Noninterest-bearing deposits | 1,220,000 | 1,549,000 | 1,207,000 | 1,789,000 |
| Equity capital | 2,363,000 | 2,372,000 | 2,371,000 | 2,291,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 270,000 | 513,000 | 749,000 | 937,000 |
| Interest expense | 118,000 | 237,000 | 354,000 | 460,000 |
| Net interest income | 152,000 | 276,000 | 395,000 | 477,000 |
| Noninterest income | 14,000 | 26,000 | 37,000 | 43,000 |
| Noninterest expense | 94,000 | 181,000 | 281,000 | 443,000 |
| Provision for loan losses | 0 | 25,000 | 61,000 | 61,000 |
| Pretax income | 72,000 | 96,000 | 90,000 | 16,000 |
| Income tax | 5,000 | 20,000 | 15,000 | 1,000 |
| Net income | 67,000 | 76,000 | 75,000 | 15,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,363,000 | 2,372,000 | 2,371,000 | 2,291,000 |
| Total capital | 2,449,000 | 2,465,000 | 2,465,000 | 2,370,000 |
| Risk-weighted assets | 6,880,000 | 7,412,000 | 7,439,000 | 7,697,000 |