Call reports 2021
FARMERS SECURITY BANK — 2021
What FARMERS SECURITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 71,886,000 | 70,609,000 | 69,236,000 | 72,699,000 |
| Total loans | 34,776,000 | 37,007,000 | 38,786,000 | 36,688,000 |
| Allowance for loan losses | 565,000 | 582,000 | 620,000 | 578,000 |
| Securities available for sale | 19,558,000 | 19,562,000 | 20,452,000 | 19,994,000 |
| Securities held to maturity | 210,000 | 210,000 | 210,000 | 210,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,873,000 | 63,330,000 | 62,037,000 | 65,905,000 |
| Interest-bearing deposits | 51,306,000 | 50,656,000 | 47,742,000 | 50,156,000 |
| Noninterest-bearing deposits | 13,567,000 | 12,674,000 | 14,295,000 | 15,749,000 |
| Equity capital | 6,849,000 | 7,062,000 | 6,995,000 | 6,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 631,000 | 1,300,000 | 1,844,000 | 2,361,000 |
| Interest expense | 62,000 | 118,000 | 171,000 | 221,000 |
| Net interest income | 569,000 | 1,182,000 | 1,673,000 | 2,140,000 |
| Noninterest income | 50,000 | 113,000 | 155,000 | 194,000 |
| Noninterest expense | 407,000 | 793,000 | 1,188,000 | 1,656,000 |
| Provision for loan losses | 15,000 | 30,000 | 75,000 | 75,000 |
| Pretax income | 197,000 | 472,000 | 565,000 | 603,000 |
| Income tax | 40,000 | 87,000 | 102,000 | 104,000 |
| Net income | 157,000 | 385,000 | 463,000 | 499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,678,000 | 6,886,000 | 6,838,000 | 6,624,000 |