Call reports 2020
FARMERS BANK, THE — 2020
What FARMERS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 680,092,000 | 728,140,000 | 739,816,000 | 760,136,000 |
| Total loans | 461,031,000 | 454,178,000 | 462,024,000 | 463,625,000 |
| Allowance for loan losses | 5,492,000 | 5,615,000 | 5,780,000 | 5,728,000 |
| Securities available for sale | 155,617,000 | 154,299,000 | 155,830,000 | 178,059,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 577,063,000 | 629,627,000 | 638,939,000 | 656,427,000 |
| Interest-bearing deposits | 448,962,000 | 472,841,000 | 475,076,000 | 492,355,000 |
| Noninterest-bearing deposits | 128,101,000 | 156,786,000 | 163,863,000 | 164,072,000 |
| Equity capital | 83,858,000 | 89,401,000 | 91,373,000 | 92,475,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 8,544,000 | 17,019,000 | 25,242,000 | 33,447,000 |
| Interest expense | 1,585,000 | 2,860,000 | 3,942,000 | 4,840,000 |
| Net interest income | 6,959,000 | 14,159,000 | 21,300,000 | 28,607,000 |
| Noninterest income | 1,552,000 | 3,006,000 | 4,896,000 | 6,654,000 |
| Noninterest expense | 5,340,000 | 10,816,000 | 16,193,000 | 21,614,000 |
| Provision for loan losses | 173,000 | 280,000 | 480,000 | 480,000 |
| Pretax income | 3,011,000 | 6,082,000 | 9,538,000 | 13,194,000 |
| Income tax | 656,000 | 1,340,000 | 2,123,000 | 2,843,000 |
| Net income | 2,355,000 | 4,742,000 | 7,415,000 | 10,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,731,000 | 87,495,000 | 89,547,000 | 91,859,000 |
| Total capital | 91,223,000 | 93,110,000 | 95,327,000 | 97,587,000 |
| Risk-weighted assets | 561,719,000 | 551,537,000 | 555,039,000 | 545,476,000 |