Call reports 2003
FARMERS STATE BANK — 2003
What FARMERS STATE BANK 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 | 14,397,000 | 14,821,000 | 14,761,000 | 15,280,000 |
| Total loans | 10,480,000 | 11,044,000 | 11,492,000 | 11,915,000 |
| Allowance for loan losses | 149,000 | 158,000 | 167,000 | 126,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,205,000 | 3,305,000 | 2,655,000 | 2,655,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,066,000 | 13,010,000 | 13,157,000 | 13,478,000 |
| Interest-bearing deposits | 12,273,000 | 12,399,000 | 12,388,000 | 12,691,000 |
| Noninterest-bearing deposits | 793,000 | 611,000 | 769,000 | 787,000 |
| Equity capital | 1,241,000 | 1,270,000 | 1,301,000 | 1,329,000 |
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 | 226,000 | 446,000 | 673,000 | 893,000 |
| Interest expense | 86,000 | 165,000 | 238,000 | 304,000 |
| Net interest income | 140,000 | 281,000 | 435,000 | 589,000 |
| Noninterest income | 14,000 | 23,000 | 34,000 | 47,000 |
| Noninterest expense | 113,000 | 211,000 | 321,000 | 439,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 32,000 | 75,000 | 121,000 | 161,000 |
| Income tax | 9,000 | 23,000 | 38,000 | 50,000 |
| Net income | 23,000 | 52,000 | 83,000 | 111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,241,000 | 1,270,000 | 1,301,000 | 1,329,000 |
| Total capital | 1,361,000 | 1,397,000 | 1,432,000 | 1,455,000 |
| Risk-weighted assets | 9,614,000 | 10,151,000 | 10,417,000 | 11,066,000 |