Call reports 2020
FARMERS AND MERCHANTS STATE BANK OF BUSHNELL — 2020
What FARMERS AND MERCHANTS STATE BANK OF BUSHNELL 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 | 74,551,000 | 77,749,000 | 78,311,000 | 86,575,000 |
| Total loans | 35,719,000 | 36,925,000 | 38,380,000 | 38,301,000 |
| Allowance for loan losses | 285,000 | 275,000 | 305,000 | 316,000 |
| Securities available for sale | 9,272,000 | 9,454,000 | 11,701,000 | 18,063,000 |
| Securities held to maturity | 2,316,000 | 1,914,000 | 1,559,000 | 1,456,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,478,000 | 70,386,000 | 70,930,000 | 79,606,000 |
| Interest-bearing deposits | 49,913,000 | 51,476,000 | 52,359,000 | 58,672,000 |
| Noninterest-bearing deposits | 17,565,000 | 18,910,000 | 18,571,000 | 20,934,000 |
| Equity capital | 6,749,000 | 7,028,000 | 7,126,000 | 6,664,000 |
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 | 603,000 | 1,149,000 | 1,699,000 | 2,333,000 |
| Interest expense | 24,000 | 46,000 | 65,000 | 83,000 |
| Net interest income | 579,000 | 1,103,000 | 1,634,000 | 2,250,000 |
| Noninterest income | 162,000 | 602,000 | 757,000 | 899,000 |
| Noninterest expense | 545,000 | 1,082,000 | 1,615,000 | 2,153,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 40,000 |
| Pretax income | 206,000 | 633,000 | 756,000 | 966,000 |
| Income tax | 55,000 | 173,000 | 205,000 | 260,000 |
| Net income | 151,000 | 460,000 | 551,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,403,000 | 6,597,000 | 6,690,000 | 6,257,000 |
| Total capital | 6,703,000 | 6,887,000 | 7,010,000 | 6,587,000 |
| Risk-weighted assets | 37,704,000 | 35,794,000 | 37,826,000 | 38,576,000 |