Call reports 2020
FARMERS BANK — 2020
What FARMERS BANK 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 | 477,261,000 | 510,599,000 | 535,048,000 | 561,087,000 |
| Total loans | 265,137,000 | 294,253,000 | 285,742,000 | 264,500,000 |
| Allowance for loan losses | 6,148,000 | 6,148,000 | 6,149,000 | 6,147,000 |
| Securities available for sale | 120,847,000 | 139,173,000 | 143,871,000 | 184,998,000 |
| Securities held to maturity | 30,433,000 | 30,635,000 | 24,789,000 | 24,691,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,610,000 | 431,918,000 | 456,450,000 | 483,148,000 |
| Interest-bearing deposits | 303,302,000 | 316,788,000 | 330,991,000 | 348,392,000 |
| Noninterest-bearing deposits | 98,308,000 | 115,130,000 | 125,459,000 | 134,756,000 |
| Equity capital | 73,644,000 | 74,712,000 | 75,136,000 | 76,219,000 |
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 | 4,849,000 | 8,790,000 | 13,098,000 | 17,633,000 |
| Interest expense | 389,000 | 785,000 | 1,156,000 | 1,509,000 |
| Net interest income | 4,460,000 | 8,005,000 | 11,942,000 | 16,124,000 |
| Noninterest income | 584,000 | 1,155,000 | 1,808,000 | 2,454,000 |
| Noninterest expense | 2,755,000 | 5,367,000 | 8,300,000 | 11,163,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,289,000 | 3,829,000 | 5,487,000 | 7,462,000 |
| Income tax | 550,000 | 888,000 | 1,280,000 | 1,638,000 |
| Net income | 1,739,000 | 2,941,000 | 4,207,000 | 5,824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,471,000 | 72,350,000 | 72,941,000 | 74,344,000 |
| Total capital | 75,428,000 | 76,460,000 | 76,935,000 | 78,297,000 |
| Risk-weighted assets | 314,271,000 | 326,681,000 | 317,251,000 | 313,990,000 |