Call reports 2021
FARMERS STATE BANK OF TURTON, THE — 2021
What FARMERS STATE BANK OF TURTON, THE 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 | 39,547,000 | 41,751,000 | 40,999,000 | 40,167,000 |
| Total loans | 15,590,000 | 16,971,000 | 18,228,000 | 16,699,000 |
| Allowance for loan losses | 300,000 | 300,000 | 300,000 | 300,000 |
| Securities available for sale | 6,509,000 | 11,128,000 | 10,794,000 | 12,428,000 |
| Securities held to maturity | 0 | 0 | 1,217,000 | 1,792,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,094,000 | 37,334,000 | 36,644,000 | 35,891,000 |
| Interest-bearing deposits | 27,697,000 | 32,034,000 | 27,069,000 | 29,111,000 |
| Noninterest-bearing deposits | 7,397,000 | 5,300,000 | 9,575,000 | 6,780,000 |
| Equity capital | 4,272,000 | 4,301,000 | 4,225,000 | 4,202,000 |
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 | 421,000 | 805,000 | 1,088,000 | 1,379,000 |
| Interest expense | 26,000 | 48,000 | 71,000 | 87,000 |
| Net interest income | 395,000 | 757,000 | 1,017,000 | 1,292,000 |
| Noninterest income | 216,000 | 227,000 | 240,000 | 301,000 |
| Noninterest expense | 229,000 | 470,000 | 705,000 | 875,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 412,000 | 528,000 | 547,000 | 692,000 |
| Income tax | 8,000 | 16,000 | 24,000 | 32,000 |
| Net income | 404,000 | 512,000 | 523,000 | 660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,194,000 | 4,215,000 | 4,139,000 | 4,189,000 |
| Total capital | 4,397,000 | 4,444,000 | 4,356,000 | 4,393,000 |
| Risk-weighted assets | 16,220,000 | 18,279,000 | 17,300,000 | 16,247,000 |