Call reports 2004
FARMERS STATE BANK, SPENCER — 2004
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 17,727,000 | 17,765,000 | 16,679,000 | 17,298,000 |
| Total loans | 5,290,000 | 5,044,000 | 5,183,000 | 5,275,000 |
| Allowance for loan losses | 100,000 | 95,000 | 95,000 | 98,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,171,000 | 10,673,000 | 10,639,000 | 10,639,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,153,000 | 15,189,000 | 14,054,000 | 14,725,000 |
| Interest-bearing deposits | 13,480,000 | 13,497,000 | 12,524,000 | 12,677,000 |
| Noninterest-bearing deposits | 1,673,000 | 1,692,000 | 1,530,000 | 2,048,000 |
| Equity capital | 2,447,000 | 2,463,000 | 2,498,000 | 2,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 201,000 | 370,000 | 567,000 | 757,000 |
| Interest expense | 57,000 | 112,000 | 167,000 | 221,000 |
| Net interest income | 144,000 | 258,000 | 400,000 | 536,000 |
| Noninterest income | 17,000 | 30,000 | 46,000 | 64,000 |
| Noninterest expense | 109,000 | 217,000 | 327,000 | 532,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 52,000 | 71,000 | 119,000 | 68,000 |
| Income tax | 7,000 | 10,000 | 23,000 | 4,000 |
| Net income | 45,000 | 61,000 | 96,000 | 64,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,447,000 | 2,463,000 | 2,498,000 | 2,446,000 |
| Total capital | 2,547,000 | 2,558,000 | 2,593,000 | 2,544,000 |
| Risk-weighted assets | 8,720,000 | 8,486,000 | 8,433,000 | 8,584,000 |