Call reports 2003
FARMERS STATE BANK OF HOFFMAN — 2003
What FARMERS STATE BANK OF HOFFMAN 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 | 21,716,000 | 22,035,000 | 23,698,000 | 23,007,000 |
| Total loans | 11,947,000 | 11,564,000 | 11,529,000 | 11,767,000 |
| Allowance for loan losses | 198,000 | 173,000 | 131,000 | 127,000 |
| Securities available for sale | 7,877,000 | 8,030,000 | 9,048,000 | 9,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,697,000 | 17,302,000 | 17,808,000 | 17,623,000 |
| Interest-bearing deposits | 14,454,000 | 15,043,000 | 15,062,000 | 15,010,000 |
| Noninterest-bearing deposits | 2,243,000 | 2,259,000 | 2,746,000 | 2,613,000 |
| Equity capital | 2,737,000 | 2,783,000 | 2,829,000 | 2,860,000 |
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 | 341,000 | 619,000 | 983,000 | 1,293,000 |
| Interest expense | 122,000 | 242,000 | 354,000 | 464,000 |
| Net interest income | 219,000 | 377,000 | 629,000 | 829,000 |
| Noninterest income | 19,000 | 38,000 | 59,000 | 80,000 |
| Noninterest expense | 158,000 | 300,000 | 432,000 | 578,000 |
| Provision for loan losses | 6,000 | 12,000 | 20,000 | 29,000 |
| Pretax income | 74,000 | 119,000 | 252,000 | 318,000 |
| Income tax | 4,000 | 5,000 | 6,000 | 7,000 |
| Net income | 70,000 | 114,000 | 246,000 | 311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,476,000 | 2,503,000 | 2,634,000 | 2,682,000 |
| Total capital | 2,674,000 | 2,676,000 | 2,765,000 | 2,809,000 |
| Risk-weighted assets | 15,271,000 | 14,540,000 | 15,577,000 | 15,702,000 |