Call reports 2020
FARMERS BANK, FRANKFORT, INDIANA, INC., THE — 2020
What FARMERS BANK, FRANKFORT, INDIANA, INC., 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 | 619,016,000 | 671,314,000 | 691,379,000 | 702,470,000 |
| Total loans | 431,291,000 | 468,220,000 | 486,919,000 | 472,329,000 |
| Allowance for loan losses | 5,883,000 | 6,336,000 | 6,706,000 | 7,043,000 |
| Securities available for sale | 139,967,000 | 146,314,000 | 155,147,000 | 171,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 495,107,000 | 543,924,000 | 561,384,000 | 569,895,000 |
| Interest-bearing deposits | 336,983,000 | 353,449,000 | 360,130,000 | 363,725,000 |
| Noninterest-bearing deposits | 158,124,000 | 190,475,000 | 201,254,000 | 206,170,000 |
| Equity capital | 67,488,000 | 75,271,000 | 77,670,000 | 79,648,000 |
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 | 6,346,000 | 12,589,000 | 19,000,000 | 25,697,000 |
| Interest expense | 854,000 | 1,462,000 | 1,966,000 | 2,432,000 |
| Net interest income | 5,492,000 | 11,127,000 | 17,034,000 | 23,265,000 |
| Noninterest income | 1,378,000 | 3,160,000 | 4,903,000 | 6,547,000 |
| Noninterest expense | 4,384,000 | 8,975,000 | 13,207,000 | 17,530,000 |
| Provision for loan losses | 1,061,000 | 1,522,000 | 1,893,000 | 2,193,000 |
| Pretax income | 1,425,000 | 3,790,000 | 6,837,000 | 10,089,000 |
| Income tax | 125,000 | 500,000 | 1,121,000 | 1,748,000 |
| Net income | 1,300,000 | 3,290,000 | 5,716,000 | 8,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,906,000 | 69,896,000 | 71,819,000 | 73,348,000 |
| Total capital | 73,789,000 | 76,232,000 | 78,525,000 | 80,300,000 |
| Risk-weighted assets | 531,763,000 | 522,034,000 | 546,925,000 | 556,114,000 |