Call reports 2020
FIRST FARMBANK — 2020
What FIRST FARMBANK 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 | 262,728,000 | 286,456,000 | 294,428,000 | 296,455,000 |
| Total loans | 180,697,000 | 210,987,000 | 224,420,000 | 214,374,000 |
| Allowance for loan losses | 2,358,000 | 2,633,000 | 2,783,000 | 2,784,000 |
| Securities available for sale | 48,454,000 | 42,178,000 | 26,789,000 | 24,292,000 |
| Securities held to maturity | 1,346,000 | 7,314,000 | 3,239,000 | 6,199,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,448,000 | 251,826,000 | 259,496,000 | 260,620,000 |
| Interest-bearing deposits | 198,792,000 | 218,093,000 | 222,019,000 | 227,243,000 |
| Noninterest-bearing deposits | 29,656,000 | 33,733,000 | 37,477,000 | 33,377,000 |
| Equity capital | 23,432,000 | 23,941,000 | 24,212,000 | 28,163,000 |
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 | 3,025,000 | 6,154,000 | 9,163,000 | 12,138,000 |
| Interest expense | 687,000 | 1,184,000 | 1,618,000 | 2,014,000 |
| Net interest income | 2,338,000 | 4,970,000 | 7,545,000 | 10,124,000 |
| Noninterest income | 155,000 | 302,000 | 464,000 | 621,000 |
| Noninterest expense | 1,819,000 | 3,663,000 | 5,619,000 | 7,581,000 |
| Provision for loan losses | 25,000 | 300,000 | 470,000 | 470,000 |
| Pretax income | 649,000 | 1,414,000 | 2,100,000 | 2,903,000 |
| Income tax | 160,000 | 342,000 | 515,000 | 654,000 |
| Net income | 489,000 | 1,072,000 | 1,585,000 | 2,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,927,000 | 23,385,000 | 23,772,000 | 27,811,000 |
| Total capital | 25,315,000 | 26,015,000 | 26,508,000 | 30,527,000 |
| Risk-weighted assets | 196,638,000 | 210,392,000 | 218,766,000 | 217,078,000 |