Call reports 2020
FARMERS BANK, THE — 2020
What FARMERS BANK, THE 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 | 86,611,000 | 85,289,000 | 72,800,000 | 76,480,000 |
| Total loans | 60,373,000 | 56,710,000 | 52,616,000 | 54,129,000 |
| Allowance for loan losses | 1,803,000 | 1,862,000 | 1,205,000 | 1,106,000 |
| Securities available for sale | 3,000,000 | 3,949,000 | 3,761,000 | 3,517,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,315,000 | 81,314,000 | 69,105,000 | 67,998,000 |
| Interest-bearing deposits | 70,548,000 | 61,645,000 | 46,335,000 | 44,408,000 |
| Noninterest-bearing deposits | 11,767,000 | 19,670,000 | 22,770,000 | 23,590,000 |
| Equity capital | 4,006,000 | 3,755,000 | 3,535,000 | 8,307,000 |
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 | 931,000 | 1,765,000 | 2,539,000 | 3,306,000 |
| Interest expense | 480,000 | 874,000 | 1,180,000 | 1,396,000 |
| Net interest income | 451,000 | 891,000 | 1,359,000 | 1,910,000 |
| Noninterest income | 42,000 | 94,000 | 157,000 | 198,000 |
| Noninterest expense | 804,000 | 1,547,000 | 2,305,000 | 3,082,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | -326,000 | -577,000 | -804,000 | -989,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -326,000 | -577,000 | -804,000 | -989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,006,000 | 3,755,000 | 3,535,000 | 8,307,000 |
| Total capital | 4,762,000 | 4,448,000 | 4,130,000 | 8,956,000 |
| Risk-weighted assets | 59,448,000 | 54,148,000 | 47,013,000 | 51,364,000 |