Call reports 2020
FARMERS BANK OF MILTON, THE — 2020
What FARMERS BANK OF MILTON, THE 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 | 256,564,000 | 274,754,000 | 281,027,000 | 301,058,000 |
| Total loans | 159,951,000 | 154,355,000 | 150,093,000 | 150,357,000 |
| Allowance for loan losses | 1,423,000 | 1,445,000 | 1,461,000 | 1,463,000 |
| Securities available for sale | 78,842,000 | 88,592,000 | 101,402,000 | 116,075,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,693,000 | 224,674,000 | 230,843,000 | 250,971,000 |
| Interest-bearing deposits | 169,368,000 | 177,558,000 | 183,023,000 | 201,982,000 |
| Noninterest-bearing deposits | 40,325,000 | 47,116,000 | 47,820,000 | 48,989,000 |
| Equity capital | 36,306,000 | 39,098,000 | 39,136,000 | 39,404,000 |
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 | 2,740,000 | 5,345,000 | 7,824,000 | 10,353,000 |
| Interest expense | 604,000 | 1,125,000 | 1,608,000 | 2,064,000 |
| Net interest income | 2,136,000 | 4,220,000 | 6,216,000 | 8,289,000 |
| Noninterest income | 173,000 | 404,000 | 576,000 | 776,000 |
| Noninterest expense | 1,608,000 | 3,064,000 | 4,699,000 | 6,411,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 724,000 | 1,583,000 | 2,116,000 | 2,677,000 |
| Income tax | 122,000 | 236,000 | 312,000 | 358,000 |
| Net income | 602,000 | 1,347,000 | 1,804,000 | 2,319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,636,000 | 36,889,000 | 36,855,000 | 36,877,000 |
| Total capital | 38,059,000 | 38,334,000 | 38,316,000 | 38,340,000 |
| Risk-weighted assets | 169,365,000 | 166,414,000 | 170,309,000 | 173,087,000 |