Call reports 2016
FARMERS STATE BANK, SPENCER — 2016
What FARMERS STATE BANK, SPENCER reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 41,574,000 | 47,486,000 | 46,954,000 | 49,653,000 |
| Total loans | 37,053,000 | 40,564,000 | 38,689,000 | 38,507,000 |
| Allowance for loan losses | 315,000 | 355,000 | 365,000 | 425,000 |
| Securities available for sale | 1,551,000 | 1,555,000 | 1,553,000 | 1,649,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,301,000 | 40,094,000 | 39,640,000 | 41,418,000 |
| Interest-bearing deposits | 29,270,000 | 34,772,000 | 35,226,000 | 36,337,000 |
| Noninterest-bearing deposits | 5,032,000 | 5,322,000 | 4,415,000 | 5,081,000 |
| Equity capital | 4,711,000 | 4,806,000 | 4,751,000 | 5,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 418,000 | 885,000 | 1,365,000 | 1,834,000 |
| Interest expense | 71,000 | 158,000 | 259,000 | 367,000 |
| Net interest income | 347,000 | 727,000 | 1,106,000 | 1,467,000 |
| Noninterest income | 17,000 | 63,000 | 88,000 | 112,000 |
| Noninterest expense | 259,000 | 554,000 | 812,000 | 1,093,000 |
| Provision for loan losses | 30,000 | 70,000 | 270,000 | 330,000 |
| Pretax income | 96,000 | 187,000 | 133,000 | 177,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 96,000 | 187,000 | 133,000 | 177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,546,000 | 4,600,000 | 4,558,000 | 5,555,000 |
| Total capital | 4,861,000 | 4,955,000 | 4,923,000 | 5,980,000 |
| Risk-weighted assets | 40,133,000 | 42,652,000 | 40,589,000 | 40,610,000 |