Call reports 2008
FARMERS BANK, THE — 2008
What FARMERS BANK, THE 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 | 100,955,000 | 102,169,000 | 99,633,000 | 103,203,000 |
| Total loans | 58,688,000 | 51,719,000 | 53,850,000 | 54,033,000 |
| Allowance for loan losses | 1,010,000 | 1,014,000 | 1,097,000 | 1,497,000 |
| Securities available for sale | 37,134,000 | 43,881,000 | 41,735,000 | 40,849,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,631,000 | 83,890,000 | 74,756,000 | 84,852,000 |
| Interest-bearing deposits | 82,384,000 | 77,755,000 | 67,559,000 | 79,971,000 |
| Noninterest-bearing deposits | 6,247,000 | 6,135,000 | 7,197,000 | 4,881,000 |
| Equity capital | 10,854,000 | 10,542,000 | 10,991,000 | 11,044,000 |
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 | 1,567,000 | 3,110,000 | 4,630,000 | 6,041,000 |
| Interest expense | 733,000 | 1,384,000 | 2,025,000 | 2,624,000 |
| Net interest income | 834,000 | 1,726,000 | 2,605,000 | 3,417,000 |
| Noninterest income | 126,000 | 230,000 | 318,000 | 313,000 |
| Noninterest expense | 509,000 | 1,057,000 | 1,603,000 | 2,277,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 600,000 |
| Pretax income | 490,000 | 931,000 | 1,282,000 | 963,000 |
| Income tax | 118,000 | 267,000 | 392,000 | 201,000 |
| Net income | 372,000 | 664,000 | 890,000 | 762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,604,000 | 10,896,000 | 11,122,000 | 10,994,000 |
| Total capital | 11,447,000 | 11,696,000 | 11,921,000 | 11,861,000 |
| Risk-weighted assets | 67,283,000 | 63,798,000 | 63,594,000 | 68,702,000 |