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 | 37,230,000 | 37,124,000 | 36,393,000 | 39,650,000 |
| Total loans | 13,442,000 | 13,672,000 | 13,546,000 | 12,316,000 |
| Allowance for loan losses | 410,000 | 412,000 | 415,000 | 415,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,247,000 | 7,538,000 | 7,986,000 | 6,687,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,957,000 | 32,753,000 | 31,930,000 | 35,244,000 |
| Interest-bearing deposits | 27,838,000 | 26,978,000 | 27,083,000 | 29,630,000 |
| Noninterest-bearing deposits | 5,119,000 | 5,775,000 | 4,847,000 | 5,614,000 |
| Equity capital | 4,260,000 | 4,364,000 | 4,456,000 | 4,401,000 |
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 | 298,000 | 591,000 | 867,000 | 1,135,000 |
| Interest expense | 42,000 | 66,000 | 89,000 | 110,000 |
| Net interest income | 256,000 | 525,000 | 778,000 | 1,025,000 |
| Noninterest income | 11,000 | 22,000 | 32,000 | 46,000 |
| Noninterest expense | 210,000 | 351,000 | 502,000 | 710,000 |
| Provision for loan losses | 8,000 | 8,000 | 8,000 | 8,000 |
| Pretax income | 49,000 | 188,000 | 300,000 | 353,000 |
| Income tax | 6,000 | 41,000 | 61,000 | 69,000 |
| Net income | 43,000 | 147,000 | 239,000 | 284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,260,000 | 4,364,000 | 4,456,000 | 4,401,000 |
| Total capital | 4,426,000 | — | — | — |
| Risk-weighted assets | 13,099,000 | — | — | — |