Call reports 2020
FARMERS BANK OF WILLARDS, THE — 2020
What FARMERS BANK OF WILLARDS, 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 | 396,961,000 | 440,324,000 | 443,470,000 | 445,551,000 |
| Total loans | 329,426,000 | 330,532,000 | 315,297,000 | 312,721,000 |
| Allowance for loan losses | 3,442,000 | 3,599,000 | 3,162,000 | 3,176,000 |
| Securities available for sale | 25,127,000 | 26,097,000 | 26,572,000 | 27,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,466,000 | 354,470,000 | 366,975,000 | 367,738,000 |
| Interest-bearing deposits | 229,850,000 | 240,811,000 | 246,011,000 | 253,227,000 |
| Noninterest-bearing deposits | 81,616,000 | 113,659,000 | 120,964,000 | 114,511,000 |
| Equity capital | 44,082,000 | 44,974,000 | 45,907,000 | 45,600,000 |
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 | 4,849,000 | 9,538,000 | 14,123,000 | 18,880,000 |
| Interest expense | 839,000 | 1,627,000 | 2,379,000 | 3,088,000 |
| Net interest income | 4,010,000 | 7,911,000 | 11,744,000 | 15,792,000 |
| Noninterest income | 381,000 | 726,000 | 1,099,000 | 1,468,000 |
| Noninterest expense | 2,910,000 | 5,785,000 | 8,508,000 | 11,181,000 |
| Provision for loan losses | 400,000 | 725,000 | 875,000 | 875,000 |
| Pretax income | 1,081,000 | 2,131,000 | 3,474,000 | 5,218,000 |
| Income tax | 280,000 | 536,000 | 886,000 | 1,342,000 |
| Net income | 801,000 | 1,595,000 | 2,588,000 | 3,876,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,787,000 | 44,582,000 | 45,574,000 | 45,311,000 |
| Total capital | 47,247,000 | 48,199,000 | 48,754,000 | 48,505,000 |
| Risk-weighted assets | 285,468,000 | 291,918,000 | 266,090,000 | 269,891,000 |