Call reports 2020
FARMERS STATE BANK OF MUNITH — 2020
What FARMERS STATE BANK OF MUNITH 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 | 84,267,000 | 86,968,000 | 88,369,000 | 93,763,000 |
| Total loans | 48,490,000 | 50,483,000 | 51,801,000 | 44,302,000 |
| Allowance for loan losses | 504,000 | 826,000 | 955,000 | 947,000 |
| Securities available for sale | 13,235,000 | 10,222,000 | 10,296,000 | 16,240,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,174,000 | 77,809,000 | 78,924,000 | 84,323,000 |
| Interest-bearing deposits | 56,426,000 | 55,523,000 | 55,617,000 | 60,251,000 |
| Noninterest-bearing deposits | 18,748,000 | 22,285,000 | 23,307,000 | 24,072,000 |
| Equity capital | 8,568,000 | 8,652,000 | 8,869,000 | 8,862,000 |
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 | 855,000 | 1,645,000 | 2,433,000 | 3,188,000 |
| Interest expense | 42,000 | 82,000 | 120,000 | 156,000 |
| Net interest income | 813,000 | 1,563,000 | 2,313,000 | 3,032,000 |
| Noninterest income | 237,000 | 733,000 | 1,215,000 | 1,876,000 |
| Noninterest expense | 786,000 | 1,599,000 | 2,446,000 | 3,421,000 |
| Provision for loan losses | 30,000 | 342,000 | 428,000 | 428,000 |
| Pretax income | 234,000 | 355,000 | 655,000 | 1,060,000 |
| Income tax | 49,000 | 74,000 | 137,000 | 222,000 |
| Net income | 185,000 | 281,000 | 518,000 | 838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,361,000 | 8,458,000 | 8,696,000 | 8,676,000 |
| Total capital | 8,865,000 | 8,989,000 | 9,236,000 | 9,164,000 |
| Risk-weighted assets | 40,364,000 | 42,151,000 | 42,815,000 | 38,719,000 |