Call reports 2003
FARMERS STATE BANK, SPENCER — 2003
What FARMERS STATE BANK, SPENCER 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 | 15,997,000 | 16,173,000 | 16,084,000 | 18,593,000 |
| Total loans | 5,480,000 | 5,799,000 | 5,521,000 | 5,632,000 |
| Allowance for loan losses | 119,000 | 119,000 | 119,000 | 100,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,708,000 | 8,922,000 | 8,837,000 | 9,894,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,500,000 | 13,632,000 | 13,477,000 | 16,051,000 |
| Interest-bearing deposits | 11,900,000 | 12,012,000 | 12,087,000 | 13,669,000 |
| Noninterest-bearing deposits | 1,600,000 | 1,620,000 | 1,390,000 | 2,382,000 |
| Equity capital | 2,373,000 | 2,411,000 | 2,453,000 | 2,402,000 |
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 | 211,000 | 410,000 | 615,000 | 811,000 |
| Interest expense | 67,000 | 129,000 | 186,000 | 241,000 |
| Net interest income | 144,000 | 281,000 | 429,000 | 570,000 |
| Noninterest income | 17,000 | 36,000 | 56,000 | 75,000 |
| Noninterest expense | 103,000 | 205,000 | 308,000 | 513,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 58,000 | 112,000 | 177,000 | 132,000 |
| Income tax | 8,000 | 24,000 | 47,000 | 33,000 |
| Net income | 50,000 | 88,000 | 130,000 | 99,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,373,000 | 2,411,000 | 2,453,000 | 2,402,000 |
| Total capital | 2,473,000 | 2,516,000 | 2,555,000 | 2,502,000 |
| Risk-weighted assets | 7,998,000 | 8,392,000 | 8,140,000 | 10,178,000 |