Call reports 2021
FARMERS STATE BANK OF NEWCASTLE — 2021
What FARMERS STATE BANK OF NEWCASTLE 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 | 56,907,000 | 62,239,000 | 59,833,000 | 56,722,000 |
| Total loans | 32,547,000 | 30,405,000 | 26,199,000 | 27,548,000 |
| Allowance for loan losses | 372,000 | 401,000 | 402,000 | 430,000 |
| Securities available for sale | 18,603,000 | 21,145,000 | 28,199,000 | 24,961,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,147,000 | 56,028,000 | 53,597,000 | 50,643,000 |
| Interest-bearing deposits | 35,449,000 | 36,691,000 | 35,548,000 | 36,433,000 |
| Noninterest-bearing deposits | 15,698,000 | 19,337,000 | 18,049,000 | 14,210,000 |
| Equity capital | 5,452,000 | 5,774,000 | 5,823,000 | 5,496,000 |
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 | 692,000 | 1,283,000 | 1,770,000 | 2,258,000 |
| Interest expense | 45,000 | 92,000 | 136,000 | 177,000 |
| Net interest income | 647,000 | 1,191,000 | 1,634,000 | 2,081,000 |
| Noninterest income | 37,000 | 72,000 | 114,000 | 162,000 |
| Noninterest expense | 324,000 | 606,000 | 894,000 | 1,183,000 |
| Provision for loan losses | 0 | 40,000 | 40,000 | 73,000 |
| Pretax income | 360,000 | 617,000 | 814,000 | 981,000 |
| Income tax | 60,000 | 97,000 | 120,000 | 122,000 |
| Net income | 300,000 | 520,000 | 694,000 | 859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,272,000 | 5,443,000 | 5,616,000 | 5,431,000 |