Call reports 2020
FARMERS BANK & TRUST COMPANY — 2020
What FARMERS BANK & TRUST COMPANY 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 | 377,872,000 | 412,452,000 | 423,662,000 | 450,070,000 |
| Total loans | 293,901,000 | 318,522,000 | 332,421,000 | 340,342,000 |
| Allowance for loan losses | 1,988,000 | 2,159,000 | 2,390,000 | 2,582,000 |
| Securities available for sale | 33,605,000 | 36,047,000 | 50,989,000 | 66,585,000 |
| Securities held to maturity | 2,128,000 | 2,081,000 | 2,019,000 | 1,956,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,132,000 | 347,444,000 | 336,336,000 | 372,759,000 |
| Interest-bearing deposits | 263,816,000 | 268,176,000 | 266,690,000 | 287,252,000 |
| Noninterest-bearing deposits | 55,316,000 | 79,268,000 | 69,646,000 | 85,507,000 |
| Equity capital | 41,971,000 | 44,185,000 | 45,181,000 | 45,624,000 |
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 | 4,558,000 | 10,100,000 | 14,662,000 | 19,213,000 |
| Interest expense | 799,000 | 1,462,000 | 1,980,000 | 2,398,000 |
| Net interest income | 3,759,000 | 8,638,000 | 12,682,000 | 16,815,000 |
| Noninterest income | 624,000 | 1,265,000 | 1,887,000 | 2,561,000 |
| Noninterest expense | 3,041,000 | 6,113,000 | 8,835,000 | 12,290,000 |
| Provision for loan losses | 217,000 | 434,000 | 651,000 | 868,000 |
| Pretax income | 1,125,000 | 3,356,000 | 5,083,000 | 6,333,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,125,000 | 3,356,000 | 5,083,000 | 6,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,463,000 | 39,099,000 | 39,762,000 | 39,973,000 |
| Total capital | 39,451,000 | 41,258,000 | 42,152,000 | 42,555,000 |
| Risk-weighted assets | 275,649,000 | 275,772,000 | 289,099,000 | 305,424,000 |