Call reports 2020
FARMERS AND MECHANICS FEDERAL SAVINGS BANK — 2020
What FARMERS AND MECHANICS FEDERAL SAVINGS BANK 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 | 71,405,000 | 79,184,000 | 81,315,000 | 86,633,000 |
| Total loans | 28,620,000 | 38,942,000 | 40,199,000 | 40,497,000 |
| Allowance for loan losses | 109,000 | 137,000 | 137,000 | 137,000 |
| Securities available for sale | 33,226,000 | 29,692,000 | 29,400,000 | 32,654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,229,000 | 63,272,000 | 65,326,000 | 69,093,000 |
| Interest-bearing deposits | 55,389,000 | 59,894,000 | 61,551,000 | 63,658,000 |
| Noninterest-bearing deposits | 2,840,000 | 3,378,000 | 3,775,000 | 5,435,000 |
| Equity capital | 12,965,000 | 12,773,000 | 12,812,000 | 12,382,000 |
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 | 536,000 | 1,020,000 | 1,505,000 | 2,042,000 |
| Interest expense | 189,000 | 321,000 | 443,000 | 859,000 |
| Net interest income | 347,000 | 699,000 | 1,062,000 | 1,183,000 |
| Noninterest income | 23,000 | 52,000 | 81,000 | 115,000 |
| Noninterest expense | 548,000 | 2,072,000 | 2,660,000 | 3,365,000 |
| Provision for loan losses | 0 | 28,000 | 28,000 | 28,000 |
| Pretax income | -107,000 | -873,000 | -1,052,000 | -1,602,000 |
| Income tax | -31,000 | -231,000 | -281,000 | -424,000 |
| Net income | -76,000 | -642,000 | -771,000 | -1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,654,000 | 12,003,000 | 11,855,000 | 11,699,000 |
| Total capital | — | — | — | 11,836,000 |
| Risk-weighted assets | — | — | — | 36,814,000 |