Call reports 2009
FARMERS STATE BANK, SPENCER — 2009
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 18,491,000 | 18,179,000 | 17,350,000 | 16,685,000 |
| Total loans | 9,174,000 | 9,062,000 | 8,379,000 | 8,476,000 |
| Allowance for loan losses | 195,000 | 227,000 | 236,000 | 314,000 |
| Securities available for sale | 3,492,000 | 3,398,000 | 3,084,000 | 2,563,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,318,000 | 15,991,000 | 15,157,000 | 14,594,000 |
| Interest-bearing deposits | 14,061,000 | 13,619,000 | 13,086,000 | 12,535,000 |
| Noninterest-bearing deposits | 2,257,000 | 2,372,000 | 2,071,000 | 2,059,000 |
| Equity capital | 2,113,000 | 2,122,000 | 2,147,000 | 2,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 253,000 | 512,000 | 751,000 | 976,000 |
| Interest expense | 90,000 | 172,000 | 240,000 | 303,000 |
| Net interest income | 163,000 | 340,000 | 511,000 | 673,000 |
| Noninterest income | 16,000 | 34,000 | 52,000 | 71,000 |
| Noninterest expense | 134,000 | 282,000 | 437,000 | 648,000 |
| Provision for loan losses | 0 | 0 | 0 | 112,000 |
| Pretax income | 45,000 | 92,000 | 126,000 | -16,000 |
| Income tax | 0 | 31,000 | 40,000 | -7,000 |
| Net income | 45,000 | 61,000 | 86,000 | -9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,100,000 | 2,091,000 | 2,116,000 | 1,996,000 |
| Total capital | 2,247,000 | 2,233,000 | 2,249,000 | 2,131,000 |
| Risk-weighted assets | 11,714,000 | 11,227,000 | 10,575,000 | 10,588,000 |