Call reports 2020
FARMERS NATIONAL BANK OF CANFIELD, THE — 2020
What FARMERS NATIONAL BANK OF CANFIELD, 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 | 2,652,881,000 | 2,870,753,000 | 2,970,673,000 | 3,055,881,000 |
| Total loans | 1,979,556,000 | 2,152,870,000 | 2,154,117,000 | 2,082,533,000 |
| Allowance for loan losses | 14,952,000 | 16,960,000 | 19,341,000 | 22,144,000 |
| Securities available for sale | 443,078,000 | 470,627,000 | 476,114,000 | 569,550,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,253,590,000 | 2,446,381,000 | 2,545,009,000 | 2,620,917,000 |
| Interest-bearing deposits | 1,796,669,000 | 1,846,674,000 | 1,961,167,000 | 2,002,338,000 |
| Noninterest-bearing deposits | 456,921,000 | 599,707,000 | 583,842,000 | 618,579,000 |
| Equity capital | 289,363,000 | 319,619,000 | 327,052,000 | 336,326,000 |
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 | 27,661,000 | 55,761,000 | 83,343,000 | 112,124,000 |
| Interest expense | 5,310,000 | 9,417,000 | 12,809,000 | 15,775,000 |
| Net interest income | 22,351,000 | 46,344,000 | 70,534,000 | 96,349,000 |
| Noninterest income | 5,382,000 | 11,824,000 | 18,700,000 | 26,680,000 |
| Noninterest expense | 16,523,000 | 31,965,000 | 47,699,000 | 64,289,000 |
| Provision for loan losses | 1,100,000 | 3,500,000 | 6,100,000 | 9,100,000 |
| Pretax income | 10,364,000 | 22,957,000 | 35,735,000 | 49,196,000 |
| Income tax | 1,759,000 | 3,653,000 | 6,051,000 | 8,305,000 |
| Net income | 8,605,000 | 19,304,000 | 29,684,000 | 40,891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 240,670,000 | 251,335,000 | 258,385,000 | 268,041,000 |
| Total capital | 255,622,000 | 268,295,000 | 277,726,000 | 290,185,000 |
| Risk-weighted assets | 2,079,294,000 | 2,059,715,000 | 2,068,753,000 | 2,108,966,000 |