Call reports 2021
FARMERS STATE BANK OF CANTON — 2021
What FARMERS STATE BANK OF CANTON 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 | 60,829,000 | 61,180,000 | 62,521,000 | 67,073,000 |
| Total loans | 33,948,000 | 32,776,000 | 34,303,000 | 39,698,000 |
| Allowance for loan losses | 225,000 | 264,000 | 280,000 | 269,000 |
| Securities available for sale | 16,771,000 | 20,091,000 | 21,428,000 | 16,847,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,092,000 | 46,751,000 | 47,145,000 | 48,097,000 |
| Interest-bearing deposits | 38,395,000 | 37,023,000 | 37,251,000 | 37,750,000 |
| Noninterest-bearing deposits | 9,697,000 | 9,728,000 | 9,894,000 | 10,347,000 |
| Equity capital | 5,989,000 | 6,223,000 | 6,285,000 | 6,250,000 |
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 | 433,000 | 1,024,000 | 1,592,000 | 2,046,000 |
| Interest expense | 33,000 | 61,000 | 102,000 | 139,000 |
| Net interest income | 400,000 | 963,000 | 1,490,000 | 1,907,000 |
| Noninterest income | 58,000 | 91,000 | 134,000 | 218,000 |
| Noninterest expense | 370,000 | 738,000 | 1,142,000 | 1,569,000 |
| Provision for loan losses | 0 | 50,000 | 63,000 | 77,000 |
| Pretax income | 88,000 | 266,000 | 419,000 | 469,000 |
| Income tax | 13,000 | 27,000 | 40,000 | 46,000 |
| Net income | 75,000 | 239,000 | 379,000 | 423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,006,000 | 6,170,000 | 6,265,000 | 6,309,000 |
| Total capital | 6,231,000 | 6,434,000 | 6,545,000 | 6,578,000 |
| Risk-weighted assets | 36,494,000 | 35,199,000 | 38,437,000 | 42,364,000 |