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 | 40,164,000 | 42,998,000 | 42,112,000 | 43,296,000 |
| Total loans | 17,784,000 | 17,444,000 | 17,106,000 | 16,815,000 |
| Allowance for loan losses | 482,000 | 482,000 | 473,000 | 473,000 |
| Securities available for sale | 4,506,000 | 4,588,000 | 4,591,000 | 4,583,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,836,000 | 37,583,000 | 36,771,000 | 37,990,000 |
| Interest-bearing deposits | 25,597,000 | 26,069,000 | 25,443,000 | 26,339,000 |
| Noninterest-bearing deposits | 9,239,000 | 11,514,000 | 11,328,000 | 11,651,000 |
| Equity capital | 5,051,000 | 5,129,000 | 5,121,000 | 5,155,000 |
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 | 425,000 | 786,000 | 1,120,000 | 1,430,000 |
| Interest expense | 61,000 | 110,000 | 148,000 | 179,000 |
| Net interest income | 364,000 | 676,000 | 972,000 | 1,251,000 |
| Noninterest income | 256,000 | 283,000 | 334,000 | 365,000 |
| Noninterest expense | 348,000 | 618,000 | 939,000 | 1,233,000 |
| Provision for loan losses | 132,000 | 132,000 | 132,000 | 132,000 |
| Pretax income | 140,000 | 209,000 | 235,000 | 251,000 |
| Income tax | 25,000 | 42,000 | 39,000 | 3,000 |
| Net income | 115,000 | 167,000 | 196,000 | 248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,932,000 | 4,959,000 | 4,962,000 | 5,015,000 |
| Total capital | — | 5,160,000 | — | — |
| Risk-weighted assets | — | 15,812,000 | — | — |