Call reports 2021
FARMERS AND MINERS BANK — 2021
What FARMERS AND MINERS BANK 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 | 158,201,000 | 161,893,000 | 165,341,000 | 167,799,000 |
| Total loans | 73,852,000 | 80,169,000 | 82,657,000 | 82,309,000 |
| Allowance for loan losses | 1,122,000 | 1,136,000 | 1,146,000 | 1,414,000 |
| Securities available for sale | 12,362,000 | 14,311,000 | 17,571,000 | 18,477,000 |
| Securities held to maturity | 13,833,000 | 13,232,000 | 12,791,000 | 11,874,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,708,000 | 141,166,000 | 144,229,000 | 147,375,000 |
| Interest-bearing deposits | 82,963,000 | 85,154,000 | 87,540,000 | 87,148,000 |
| Noninterest-bearing deposits | 54,746,000 | 56,012,000 | 56,689,000 | 60,227,000 |
| Equity capital | 19,802,000 | 20,197,000 | 20,558,000 | 20,053,000 |
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 | 1,473,000 | 3,231,000 | 5,002,000 | 6,495,000 |
| Interest expense | 48,000 | 87,000 | 123,000 | 157,000 |
| Net interest income | 1,425,000 | 3,144,000 | 4,879,000 | 6,338,000 |
| Noninterest income | 265,000 | 515,000 | 764,000 | 1,012,000 |
| Noninterest expense | 1,251,000 | 2,523,000 | 3,841,000 | 5,245,000 |
| Provision for loan losses | 0 | 30,000 | 60,000 | 340,000 |
| Pretax income | 444,000 | 1,114,000 | 1,767,000 | 1,801,000 |
| Income tax | 75,000 | 215,000 | 354,000 | 350,000 |
| Net income | 369,000 | 899,000 | 1,413,000 | 1,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,863,000 | 20,243,000 | 20,607,000 | 20,195,000 |