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Call reports 2021

FIRST FARMBANK — 2021

What FIRST FARMBANK reported to the FFIEC in 2021, quarter by quarter.

PERIOD: 2021SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1fe2ef8f-0ffe-41b4-9498-f0a5358f6f43/2021

Balance sheet

What the bank holds and owes at quarter end

Measure2021Q12021Q22021Q32021Q4
Total assets312,338,000312,961,000315,346,000338,686,000
Total loans220,910,000224,104,000226,771,000230,552,000
Allowance for loan losses2,784,0002,785,0002,785,0002,785,000
Securities available for sale19,561,00018,486,00017,433,00021,734,000
Securities held to maturity9,180,00013,146,00015,109,00017,088,000
Trading assets0000
Total deposits276,212,000279,406,000280,801,000303,761,000
Interest-bearing deposits234,190,000232,796,000236,409,000253,539,000
Noninterest-bearing deposits42,022,00046,610,00044,392,00050,222,000
Equity capital28,447,00029,087,00029,842,00030,403,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2021Q12021Q22021Q32021Q4
Interest income3,040,0006,219,0009,537,00012,591,000
Interest expense320,000583,000818,0001,029,000
Net interest income2,720,0005,636,0008,719,00011,562,000
Noninterest income152,000302,000462,000621,000
Noninterest expense1,926,0003,879,0005,938,0007,954,000
Provision for loan losses0000
Pretax income946,0002,059,0003,243,0004,229,000
Income tax233,000508,000802,0001,064,000
Net income713,0001,551,0002,441,0003,165,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2021Q12021Q22021Q32021Q4
Tier 1 capital28,336,00028,987,00029,688,00030,414,000
Total capital31,066,00031,792,00032,503,00033,229,000
Risk-weighted assets218,349,000224,396,000235,114,000243,518,000