Call reports 2021
FARMERS STATE BANK OF UNDERWOOD — 2021
What FARMERS STATE BANK OF UNDERWOOD reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 91,788,000 | 93,863,000 | 97,645,000 | 102,669,000 |
| Total loans | 66,251,000 | 64,286,000 | 64,366,000 | 70,594,000 |
| Allowance for loan losses | 897,000 | 904,000 | 906,000 | 905,000 |
| Securities available for sale | 9,096,000 | 16,273,000 | 16,794,000 | 21,258,000 |
| Securities held to maturity | 119,000 | 117,000 | 117,000 | 117,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,901,000 | 83,217,000 | 86,670,000 | 88,304,000 |
| Interest-bearing deposits | 58,241,000 | 60,489,000 | 62,244,000 | 63,065,000 |
| Noninterest-bearing deposits | 22,660,000 | 22,728,000 | 24,426,000 | 25,239,000 |
| Equity capital | 7,195,000 | 6,969,000 | 7,268,000 | 7,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 944,000 | 1,943,000 | 3,114,000 | 4,256,000 |
| Interest expense | 145,000 | 282,000 | 412,000 | 529,000 |
| Net interest income | 799,000 | 1,661,000 | 2,702,000 | 3,727,000 |
| Noninterest income | 69,000 | 101,000 | 196,000 | 255,000 |
| Noninterest expense | 733,000 | 1,500,000 | 2,259,000 | 3,041,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 110,000 | 237,000 | 614,000 | 916,000 |
| Income tax | 0 | 0 | 0 | 71,000 |
| Net income | 110,000 | 237,000 | 614,000 | 845,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,138,000 | 6,937,000 | 7,254,000 | 7,399,000 |
| Total capital | 7,926,000 | 7,758,000 | 8,095,000 | 8,304,000 |
| Risk-weighted assets | 62,972,000 | 65,674,000 | 67,247,000 | 73,138,000 |