Call reports 2020
FARMERS BANK — 2020
What FARMERS BANK 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 | 163,396,000 | 176,669,000 | 180,765,000 | 193,762,000 |
| Total loans | 100,104,000 | 104,191,000 | 107,669,000 | 110,409,000 |
| Allowance for loan losses | 1,622,000 | 1,667,000 | 1,702,000 | 1,738,000 |
| Securities available for sale | 33,382,000 | 43,444,000 | 43,204,000 | 43,600,000 |
| Securities held to maturity | 0 | 0 | 0 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,367,000 | 156,560,000 | 160,461,000 | 173,254,000 |
| Interest-bearing deposits | 108,640,000 | 109,516,000 | 110,646,000 | 122,783,000 |
| Noninterest-bearing deposits | 35,727,000 | 47,044,000 | 49,815,000 | 50,471,000 |
| Equity capital | 18,212,000 | 18,761,000 | 19,079,000 | 19,523,000 |
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 | 1,597,000 | 3,112,000 | 4,592,000 | 6,093,000 |
| Interest expense | 288,000 | 528,000 | 733,000 | 907,000 |
| Net interest income | 1,309,000 | 2,584,000 | 3,859,000 | 5,186,000 |
| Noninterest income | 158,000 | 397,000 | 678,000 | 1,001,000 |
| Noninterest expense | 1,001,000 | 2,024,000 | 3,029,000 | 4,080,000 |
| Provision for loan losses | 42,000 | 84,000 | 126,000 | 168,000 |
| Pretax income | 424,000 | 873,000 | 1,382,000 | 1,939,000 |
| Income tax | 85,000 | 175,000 | 277,000 | 389,000 |
| Net income | 339,000 | 698,000 | 1,105,000 | 1,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,937,000 | 18,280,000 | 18,670,000 | 19,099,000 |
| Total capital | 19,094,000 | 19,530,000 | 19,935,000 | 20,337,000 |
| Risk-weighted assets | 92,132,000 | 99,642,000 | 100,771,000 | 98,615,000 |