Call reports 2024
FARMERS BANK, THE — 2024
What FARMERS BANK, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 159,514,000 | 148,864,000 | 137,074,000 | 180,117,000 |
| Total loans | 74,425,000 | 78,301,000 | 85,321,000 | 89,476,000 |
| Allowance for loan losses | 986,000 | 1,022,000 | 1,027,000 | 1,048,000 |
| Securities available for sale | 69,915,000 | 60,065,000 | 46,062,000 | 74,312,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,601,000 | 137,416,000 | 119,619,000 | 160,105,000 |
| Interest-bearing deposits | 134,035,000 | 123,197,000 | 106,048,000 | 145,913,000 |
| Noninterest-bearing deposits | 14,566,000 | 14,219,000 | 13,571,000 | 14,192,000 |
| Equity capital | 10,664,000 | 11,193,000 | 12,772,000 | 11,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,905,000 | 3,852,000 | 5,700,000 | 7,794,000 |
| Interest expense | 1,214,000 | 2,387,000 | 3,390,000 | 4,438,000 |
| Net interest income | 691,000 | 1,465,000 | 2,310,000 | 3,356,000 |
| Noninterest income | 126,000 | 118,000 | 427,000 | 430,000 |
| Noninterest expense | 656,000 | 1,263,000 | 2,115,000 | 2,831,000 |
| Provision for loan losses | 0 | 4,000 | 9,000 | 30,000 |
| Pretax income | 157,000 | 287,000 | 622,000 | 926,000 |
| Income tax | 29,000 | 46,000 | 121,000 | 192,000 |
| Net income | 128,000 | 241,000 | 501,000 | 734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,162,000 | 16,276,000 | 16,535,000 | 16,768,000 |
| Total capital | 17,174,000 | 17,347,000 | 17,633,000 | 17,895,000 |
| Risk-weighted assets | 86,828,000 | 89,426,000 | 92,027,000 | 96,264,000 |