Call reports 2020
FARMERS STATE BANK, THE — 2020
What FARMERS STATE 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 | 57,623,000 | 63,850,000 | 62,695,000 | 65,702,000 |
| Total loans | 36,114,000 | 37,268,000 | 37,632,000 | 38,532,000 |
| Allowance for loan losses | 489,000 | 493,000 | 496,000 | 499,000 |
| Securities available for sale | 13,692,000 | 16,916,000 | 16,676,000 | 17,263,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,688,000 | 54,403,000 | 53,103,000 | 55,975,000 |
| Interest-bearing deposits | 43,051,000 | 46,609,000 | 45,702,000 | 48,624,000 |
| Noninterest-bearing deposits | 5,637,000 | 7,794,000 | 7,401,000 | 7,351,000 |
| Equity capital | 7,846,000 | 8,287,000 | 8,425,000 | 8,393,000 |
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 | 659,000 | 1,341,000 | 1,967,000 | 2,592,000 |
| Interest expense | 95,000 | 188,000 | 281,000 | 370,000 |
| Net interest income | 564,000 | 1,153,000 | 1,686,000 | 2,222,000 |
| Noninterest income | 77,000 | 165,000 | 244,000 | 330,000 |
| Noninterest expense | 447,000 | 853,000 | 1,267,000 | 1,667,000 |
| Provision for loan losses | 1,000 | 1,000 | 1,000 | 3,000 |
| Pretax income | 192,000 | 464,000 | 664,000 | 885,000 |
| Income tax | 35,000 | 124,000 | 164,000 | 213,000 |
| Net income | 157,000 | 340,000 | 500,000 | 672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,687,000 | 7,870,000 | 8,030,000 | 8,034,000 |
| Total capital | 8,132,000 | — | — | — |
| Risk-weighted assets | 35,546,000 | — | — | — |