Call reports 2020
FARMERS STATE BANK & TRUST CO. — 2020
What FARMERS STATE BANK & TRUST CO. 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 | 95,679,000 | 103,271,000 | 120,051,000 | 105,504,000 |
| Total loans | 65,188,000 | 68,271,000 | 72,381,000 | 68,785,000 |
| Allowance for loan losses | 776,000 | 902,000 | 906,000 | 706,000 |
| Securities available for sale | 16,509,000 | 19,775,000 | 19,897,000 | 21,013,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,145,000 | 88,326,000 | 105,178,000 | 94,450,000 |
| Interest-bearing deposits | 65,649,000 | 68,381,000 | 82,779,000 | 72,996,000 |
| Noninterest-bearing deposits | 19,496,000 | 19,945,000 | 22,399,000 | 21,454,000 |
| Equity capital | 8,717,000 | 9,281,000 | 9,506,000 | 9,675,000 |
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 | 1,015,000 | 1,974,000 | 2,939,000 | 3,984,000 |
| Interest expense | 189,000 | 359,000 | 522,000 | 672,000 |
| Net interest income | 826,000 | 1,615,000 | 2,417,000 | 3,312,000 |
| Noninterest income | 136,000 | 467,000 | 590,000 | 750,000 |
| Noninterest expense | 534,000 | 1,096,000 | 1,602,000 | 2,169,000 |
| Provision for loan losses | 30,000 | 180,000 | 180,000 | 0 |
| Pretax income | 398,000 | 806,000 | 1,225,000 | 1,893,000 |
| Income tax | 102,000 | 206,000 | 313,000 | 487,000 |
| Net income | 296,000 | 600,000 | 912,000 | 1,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,696,000 | 8,874,000 | 9,037,000 | 9,211,000 |
| Total capital | 9,472,000 | 9,776,000 | 9,943,000 | 9,917,000 |
| Risk-weighted assets | 70,785,000 | 72,632,000 | 78,866,000 | 72,839,000 |