Call reports 2008
FARMERS STATE BANK, SPENCER — 2008
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 17,831,000 | 17,503,000 | 17,292,000 | 18,229,000 |
| Total loans | 10,090,000 | 9,930,000 | 9,620,000 | 9,242,000 |
| Allowance for loan losses | 272,000 | 286,000 | 262,000 | 193,000 |
| Securities available for sale | 4,086,000 | 4,045,000 | 3,567,000 | 3,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,598,000 | 15,405,000 | 15,125,000 | 16,065,000 |
| Interest-bearing deposits | 13,729,000 | 13,377,000 | 13,303,000 | 13,675,000 |
| Noninterest-bearing deposits | 1,869,000 | 2,028,000 | 1,822,000 | 2,390,000 |
| Equity capital | 2,147,000 | 2,020,000 | 2,100,000 | 2,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 269,000 | 530,000 | 794,000 | 1,050,000 |
| Interest expense | 123,000 | 235,000 | 338,000 | 435,000 |
| Net interest income | 146,000 | 295,000 | 456,000 | 615,000 |
| Noninterest income | 20,000 | 37,000 | 74,000 | 92,000 |
| Noninterest expense | 141,000 | 274,000 | 405,000 | 585,000 |
| Provision for loan losses | 55,000 | 190,000 | 190,000 | 260,000 |
| Pretax income | -30,000 | -132,000 | -65,000 | -138,000 |
| Income tax | 0 | 0 | 0 | -48,000 |
| Net income | -30,000 | -132,000 | -65,000 | -90,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,135,000 | 2,036,000 | 2,100,000 | 2,055,000 |
| Total capital | 2,289,000 | 2,188,000 | 2,249,000 | 2,203,000 |
| Risk-weighted assets | 12,188,000 | 11,965,000 | 11,772,000 | 11,771,000 |