Call reports 2020
FARMERS BANK — 2020
What FARMERS 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 | 222,802,000 | 238,376,000 | 231,401,000 | 243,523,000 |
| Total loans | 130,428,000 | 135,302,000 | 135,656,000 | 135,900,000 |
| Allowance for loan losses | 1,467,000 | 1,452,000 | 1,388,000 | 1,430,000 |
| Securities available for sale | 61,052,000 | 63,829,000 | 63,238,000 | 67,263,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,630,000 | 197,045,000 | 189,687,000 | 201,504,000 |
| Interest-bearing deposits | 139,352,000 | 142,925,000 | 138,863,000 | 147,729,000 |
| Noninterest-bearing deposits | 44,278,000 | 54,120,000 | 50,824,000 | 53,775,000 |
| Equity capital | 38,662,000 | 40,743,000 | 41,217,000 | 41,451,000 |
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 | 2,285,000 | 4,741,000 | 6,944,000 | 9,091,000 |
| Interest expense | 263,000 | 455,000 | 610,000 | 742,000 |
| Net interest income | 2,022,000 | 4,286,000 | 6,334,000 | 8,349,000 |
| Noninterest income | 548,000 | 1,041,000 | 1,587,000 | 2,267,000 |
| Noninterest expense | 1,945,000 | 3,858,000 | 5,864,000 | 7,971,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 120,000 |
| Pretax income | 806,000 | 1,687,000 | 2,382,000 | 2,907,000 |
| Income tax | 70,000 | 240,000 | 330,000 | 623,000 |
| Net income | 736,000 | 1,447,000 | 2,052,000 | 2,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,917,000 | 38,694,000 | 39,365,000 | 39,597,000 |