Call reports 2007
FARMERS STATE BANK, SPENCER — 2007
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 19,551,000 | 18,079,000 | 17,323,000 | 17,496,000 |
| Total loans | 9,694,000 | 9,946,000 | 9,699,000 | 10,520,000 |
| Allowance for loan losses | 98,000 | 191,000 | 206,000 | 213,000 |
| Securities available for sale | 0 | 0 | 0 | 4,364,000 |
| Securities held to maturity | 8,919,000 | 6,719,000 | 5,920,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,976,000 | 15,247,000 | 14,977,000 | 15,217,000 |
| Interest-bearing deposits | 13,231,000 | 13,699,000 | 13,279,000 | 13,439,000 |
| Noninterest-bearing deposits | 1,745,000 | 1,548,000 | 1,698,000 | 1,778,000 |
| Equity capital | 2,392,000 | 2,287,000 | 2,250,000 | 2,165,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 272,000 | 498,000 | 767,000 | 1,039,000 |
| Interest expense | 149,000 | 302,000 | 448,000 | 588,000 |
| Net interest income | 123,000 | 196,000 | 319,000 | 451,000 |
| Noninterest income | 15,000 | 32,000 | 50,000 | 66,000 |
| Noninterest expense | 121,000 | 241,000 | 373,000 | 570,000 |
| Provision for loan losses | 0 | 120,000 | 190,000 | 240,000 |
| Pretax income | 17,000 | -133,000 | -194,000 | -293,000 |
| Income tax | 1,000 | -44,000 | -68,000 | -105,000 |
| Net income | 16,000 | -89,000 | -126,000 | -188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,392,000 | 2,287,000 | 2,250,000 | 2,165,000 |
| Total capital | 2,490,000 | 2,439,000 | 2,398,000 | 2,322,000 |
| Risk-weighted assets | 12,299,000 | 12,139,000 | 11,789,000 | 12,543,000 |