Call reports 2020
FARMERS STATE BANK — 2020
What FARMERS STATE 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 | 51,913,000 | 55,423,000 | 56,280,000 | 58,958,000 |
| Total loans | 29,084,000 | 31,959,000 | 31,211,000 | 28,393,000 |
| Allowance for loan losses | 315,000 | 321,000 | 327,000 | 333,000 |
| Securities available for sale | 19,184,000 | 19,771,000 | 19,041,000 | 20,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,525,000 | 48,437,000 | 49,166,000 | 51,723,000 |
| Interest-bearing deposits | 35,326,000 | 37,079,000 | 37,470,000 | 39,734,000 |
| Noninterest-bearing deposits | 10,199,000 | 11,358,000 | 11,696,000 | 11,989,000 |
| Equity capital | 6,012,000 | 6,578,000 | 6,697,000 | 6,780,000 |
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 | 518,000 | 1,090,000 | 1,620,000 | 2,120,000 |
| Interest expense | 113,000 | 215,000 | 312,000 | 406,000 |
| Net interest income | 405,000 | 875,000 | 1,308,000 | 1,714,000 |
| Noninterest income | 12,000 | 18,000 | 26,000 | 40,000 |
| Noninterest expense | 273,000 | 528,000 | 816,000 | 1,149,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 127,000 | 345,000 | 492,000 | 577,000 |
| Income tax | 2,000 | 11,000 | 22,000 | 29,000 |
| Net income | 125,000 | 334,000 | 470,000 | 548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,840,000 | 6,048,000 | 6,185,000 | 6,262,000 |