Call reports 2021
FARMERS BANK OF WILLARDS, THE — 2021
What FARMERS BANK OF WILLARDS, THE 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 | 462,318,000 | 489,234,000 | 493,094,000 | 498,280,000 |
| Total loans | 301,108,000 | 298,919,000 | 293,520,000 | 290,018,000 |
| Allowance for loan losses | 3,228,000 | 3,009,000 | 3,016,000 | 2,926,000 |
| Securities available for sale | 27,300,000 | 28,635,000 | 77,954,000 | 110,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 385,370,000 | 411,874,000 | 423,438,000 | 433,175,000 |
| Interest-bearing deposits | 258,777,000 | 271,049,000 | 271,193,000 | 280,397,000 |
| Noninterest-bearing deposits | 126,593,000 | 140,825,000 | 152,245,000 | 152,778,000 |
| Equity capital | 45,959,000 | 46,694,000 | 46,829,000 | 45,684,000 |
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 | 4,458,000 | 8,810,000 | 13,364,000 | 17,888,000 |
| Interest expense | 648,000 | 1,261,000 | 1,809,000 | 2,313,000 |
| Net interest income | 3,810,000 | 7,549,000 | 11,555,000 | 15,575,000 |
| Noninterest income | 312,000 | 792,000 | 1,235,000 | 1,715,000 |
| Noninterest expense | 2,947,000 | 6,121,000 | 9,289,000 | 12,303,000 |
| Provision for loan losses | 0 | 0 | 0 | -70,000 |
| Pretax income | 1,185,000 | 2,230,000 | 3,511,000 | 5,067,000 |
| Income tax | 305,000 | 577,000 | 906,000 | 1,312,000 |
| Net income | 880,000 | 1,653,000 | 2,605,000 | 3,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,191,000 | 46,816,000 | 47,464,000 | 47,029,000 |
| Total capital | 49,437,000 | 49,843,000 | 50,498,000 | 49,973,000 |
| Risk-weighted assets | 263,330,000 | 262,716,000 | 266,065,000 | 276,419,000 |