Call reports 2020
FARMERS STATE BANK OF UNDERWOOD — 2020
What FARMERS STATE BANK OF UNDERWOOD 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 | 72,924,000 | 81,239,000 | 84,598,000 | 84,655,000 |
| Total loans | 54,364,000 | 58,978,000 | 62,142,000 | 64,298,000 |
| Allowance for loan losses | 800,000 | 827,000 | 816,000 | 863,000 |
| Securities available for sale | 4,710,000 | 5,054,000 | 7,629,000 | 7,057,000 |
| Securities held to maturity | 120,000 | 118,000 | 118,000 | 118,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,765,000 | 70,497,000 | 73,680,000 | 73,651,000 |
| Interest-bearing deposits | 48,999,000 | 48,362,000 | 54,712,000 | 55,916,000 |
| Noninterest-bearing deposits | 12,766,000 | 22,135,000 | 18,968,000 | 17,735,000 |
| Equity capital | 7,018,000 | 7,018,000 | 7,092,000 | 7,275,000 |
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 | 989,000 | 1,975,000 | 3,015,000 | 4,071,000 |
| Interest expense | 188,000 | 374,000 | 551,000 | 711,000 |
| Net interest income | 801,000 | 1,601,000 | 2,464,000 | 3,360,000 |
| Noninterest income | 80,000 | 147,000 | 212,000 | 303,000 |
| Noninterest expense | 620,000 | 1,218,000 | 1,898,000 | 2,600,000 |
| Provision for loan losses | 15,000 | 40,000 | 65,000 | 150,000 |
| Pretax income | 246,000 | 490,000 | 713,000 | 913,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 246,000 | 490,000 | 713,000 | 913,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,854,000 | 6,852,000 | 6,953,000 | 7,150,000 |
| Total capital | — | — | 7,747,000 | 7,976,000 |
| Risk-weighted assets | — | — | 63,527,000 | 65,936,000 |