Call reports 2008
FARMERS STATE BANK OF HOFFMAN — 2008
What FARMERS STATE BANK OF HOFFMAN 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 | 22,417,000 | 23,980,000 | 24,191,000 | 26,412,000 |
| Total loans | 10,535,000 | 11,966,000 | 12,878,000 | 13,025,000 |
| Allowance for loan losses | 88,000 | 96,000 | 105,000 | 111,000 |
| Securities available for sale | 10,097,000 | 10,229,000 | 9,838,000 | 10,181,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,635,000 | 18,350,000 | 17,417,000 | 18,634,000 |
| Interest-bearing deposits | 14,568,000 | 14,963,000 | 14,511,000 | 14,762,000 |
| Noninterest-bearing deposits | 3,067,000 | 3,386,000 | 2,906,000 | 3,871,000 |
| Equity capital | 2,490,000 | 2,387,000 | 2,409,000 | 3,054,000 |
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 | 343,000 | 700,000 | 1,064,000 | 1,437,000 |
| Interest expense | 135,000 | 271,000 | 406,000 | 543,000 |
| Net interest income | 208,000 | 429,000 | 658,000 | 894,000 |
| Noninterest income | 16,000 | 34,000 | 67,000 | 525,000 |
| Noninterest expense | 155,000 | 296,000 | 438,000 | 590,000 |
| Provision for loan losses | 6,000 | 15,000 | 24,000 | 33,000 |
| Pretax income | 63,000 | 159,000 | 269,000 | 723,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 63,000 | 159,000 | 269,000 | 723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,329,000 | 2,427,000 | 2,441,000 | 2,895,000 |
| Total capital | 2,417,000 | 2,523,000 | 2,546,000 | 3,006,000 |
| Risk-weighted assets | 15,269,000 | 16,850,000 | 17,606,000 | 18,020,000 |