Call reports 2023
FARMERS STATE BANK OF HOFFMAN — 2023
What FARMERS STATE BANK OF HOFFMAN reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 33,870,000 | 31,843,000 | 33,314,000 | 33,116,000 |
| Total loans | 13,383,000 | 13,670,000 | 13,447,000 | 15,367,000 |
| Allowance for loan losses | 199,000 | 199,000 | 199,000 | 199,000 |
| Securities available for sale | 15,073,000 | 14,685,000 | 14,008,000 | 14,314,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,273,000 | 29,268,000 | 31,141,000 | 30,069,000 |
| Interest-bearing deposits | 22,282,000 | 20,535,000 | 21,938,000 | 21,322,000 |
| Noninterest-bearing deposits | 8,991,000 | 8,733,000 | 9,203,000 | 8,747,000 |
| Equity capital | 2,536,000 | 2,490,000 | 2,068,000 | 2,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 288,000 | 584,000 | 885,000 | 1,207,000 |
| Interest expense | 39,000 | 90,000 | 159,000 | 252,000 |
| Net interest income | 249,000 | 494,000 | 726,000 | 955,000 |
| Noninterest income | 9,000 | 20,000 | 29,000 | 42,000 |
| Noninterest expense | 187,000 | 378,000 | 545,000 | 744,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 76,000 | 145,000 | 222,000 | 274,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 76,000 | 143,000 | 220,000 | 272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,189,000 | 4,256,000 | 4,333,000 | 4,386,000 |