Call reports 2015
FARMERS STATE BANK, SPENCER — 2015
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 29,616,000 | 32,379,000 | 38,792,000 | 40,598,000 |
| Total loans | 23,173,000 | 25,580,000 | 31,723,000 | 32,469,000 |
| Allowance for loan losses | 171,000 | 180,000 | 191,000 | 285,000 |
| Securities available for sale | 1,944,000 | 1,937,000 | 1,951,000 | 1,548,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,413,000 | 28,132,000 | 31,474,000 | 31,917,000 |
| Interest-bearing deposits | 20,448,000 | 23,971,000 | 26,923,000 | 27,286,000 |
| Noninterest-bearing deposits | 4,965,000 | 4,161,000 | 4,551,000 | 4,631,000 |
| Equity capital | 4,187,000 | 4,205,000 | 4,257,000 | 4,637,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 256,000 | 550,000 | 878,000 | 1,276,000 |
| Interest expense | 21,000 | 58,000 | 110,000 | 175,000 |
| Net interest income | 235,000 | 492,000 | 768,000 | 1,101,000 |
| Noninterest income | 21,000 | 35,000 | 49,000 | 64,000 |
| Noninterest expense | 210,000 | 449,000 | 694,000 | 976,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 117,000 |
| Pretax income | 34,000 | 57,000 | 93,000 | 78,000 |
| Income tax | 2,000 | 0 | 0 | 0 |
| Net income | 32,000 | 57,000 | 93,000 | 78,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,761,000 | 4,002,000 | 4,048,000 | 4,443,000 |
| Total capital | 3,932,000 | 4,182,000 | 4,239,000 | 4,728,000 |
| Risk-weighted assets | 26,271,000 | 29,910,000 | 34,694,000 | 36,664,000 |