Call reports 2020
FARMERS BANK AND TRUST COMPANY — 2020
What FARMERS BANK AND TRUST COMPANY 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 | 138,909,000 | 152,736,000 | 156,499,000 | 170,845,000 |
| Total loans | 99,582,000 | 107,730,000 | 110,981,000 | 110,529,000 |
| Allowance for loan losses | 1,554,000 | 1,544,000 | 1,610,000 | 1,680,000 |
| Securities available for sale | 15,901,000 | 23,538,000 | 23,894,000 | 30,454,000 |
| Securities held to maturity | 2,088,000 | 2,085,000 | 2,083,000 | 2,080,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,713,000 | 123,176,000 | 127,067,000 | 142,277,000 |
| Interest-bearing deposits | 81,920,000 | 89,789,000 | 92,181,000 | 100,712,000 |
| Noninterest-bearing deposits | 28,793,000 | 33,387,000 | 34,886,000 | 41,565,000 |
| Equity capital | 19,272,000 | 19,986,000 | 20,180,000 | 19,538,000 |
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 | 1,534,000 | 3,019,000 | 4,507,000 | 6,145,000 |
| Interest expense | 207,000 | 391,000 | 555,000 | 712,000 |
| Net interest income | 1,327,000 | 2,628,000 | 3,952,000 | 5,433,000 |
| Noninterest income | 327,000 | 616,000 | 930,000 | 1,266,000 |
| Noninterest expense | 1,049,000 | 2,075,000 | 3,128,000 | 4,277,000 |
| Provision for loan losses | 11,000 | 15,000 | 90,000 | 166,000 |
| Pretax income | 572,000 | 1,132,000 | 1,642,000 | 2,234,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 572,000 | 1,132,000 | 1,642,000 | 2,234,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,050,000 | 19,322,000 | 19,543,000 | 18,801,000 |
| Total capital | 20,307,000 | — | — | — |
| Risk-weighted assets | 100,284,000 | — | — | — |