Call reports 2003
FARMERS BANK, THE — 2003
What FARMERS BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 76,119,000 | 73,519,000 | 82,317,000 | 84,207,000 |
| Total loans | 52,646,000 | 51,582,000 | 54,143,000 | 56,818,000 |
| Allowance for loan losses | 1,265,000 | 1,270,000 | 1,273,000 | 1,205,000 |
| Securities available for sale | 15,989,000 | 15,424,000 | 17,029,000 | 19,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,118,000 | 64,203,000 | 66,893,000 | 68,619,000 |
| Interest-bearing deposits | 58,992,000 | 59,491,000 | 61,961,000 | 63,626,000 |
| Noninterest-bearing deposits | 5,126,000 | 4,712,000 | 4,932,000 | 4,993,000 |
| Equity capital | 8,207,000 | 8,556,000 | 8,127,000 | 8,447,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,133,000 | 2,322,000 | 3,466,000 | 4,590,000 |
| Interest expense | 373,000 | 734,000 | 1,070,000 | 1,433,000 |
| Net interest income | 760,000 | 1,588,000 | 2,396,000 | 3,157,000 |
| Noninterest income | 139,000 | 243,000 | 350,000 | 468,000 |
| Noninterest expense | 469,000 | 939,000 | 1,450,000 | 1,947,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 432,000 | 896,000 | 1,298,000 | 1,686,000 |
| Income tax | 87,000 | 204,000 | 299,000 | 391,000 |
| Net income | 345,000 | 692,000 | 999,000 | 1,295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,736,000 | 8,082,000 | 7,790,000 | 8,090,000 |
| Total capital | 8,451,000 | 8,784,000 | 8,560,000 | 8,856,000 |
| Risk-weighted assets | 56,677,000 | 55,568,000 | 61,090,000 | 60,851,000 |