Call reports 2020
FARMERS STATE BANK OF NEWCASTLE — 2020
What FARMERS STATE BANK OF NEWCASTLE 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 | 48,676,000 | 54,659,000 | 53,183,000 | 52,015,000 |
| Total loans | 23,452,000 | 29,387,000 | 29,305,000 | 30,577,000 |
| Allowance for loan losses | 318,000 | 344,000 | 362,000 | 372,000 |
| Securities available for sale | 15,083,000 | 15,455,000 | 16,820,000 | 16,789,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,039,000 | 48,973,000 | 47,424,000 | 45,542,000 |
| Interest-bearing deposits | 34,394,000 | 34,590,000 | 33,798,000 | 32,612,000 |
| Noninterest-bearing deposits | 9,645,000 | 14,383,000 | 13,626,000 | 12,930,000 |
| Equity capital | 4,438,000 | 5,242,000 | 5,401,000 | 5,322,000 |
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 | 502,000 | 1,097,000 | 1,595,000 | 2,092,000 |
| Interest expense | 105,000 | 170,000 | 221,000 | 265,000 |
| Net interest income | 397,000 | 927,000 | 1,374,000 | 1,827,000 |
| Noninterest income | 43,000 | 81,000 | 123,000 | 163,000 |
| Noninterest expense | 316,000 | 598,000 | 881,000 | 1,181,000 |
| Provision for loan losses | 0 | 25,000 | 45,000 | 75,000 |
| Pretax income | 124,000 | 389,000 | 587,000 | 749,000 |
| Income tax | 17,000 | 65,000 | 93,000 | 92,000 |
| Net income | 107,000 | 324,000 | 494,000 | 657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,772,000 | 4,939,000 | 5,109,000 | 4,972,000 |
| Total capital | 5,090,000 | — | 5,471,000 | — |
| Risk-weighted assets | 26,399,000 | — | 35,831,000 | — |