Call reports 2020
FARMERS BANK AND SAVINGS COMPANY, THE — 2020
What FARMERS BANK AND SAVINGS COMPANY, THE 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 | 337,575,000 | 368,230,000 | 367,140,000 | 371,405,000 |
| Total loans | 251,198,000 | 261,792,000 | 256,604,000 | 253,691,000 |
| Allowance for loan losses | 2,605,000 | 2,710,000 | 2,855,000 | 2,930,000 |
| Securities available for sale | 46,566,000 | 43,506,000 | 50,149,000 | 62,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 299,292,000 | 328,673,000 | 328,212,000 | 332,103,000 |
| Interest-bearing deposits | 239,209,000 | 253,512,000 | 253,637,000 | 253,325,000 |
| Noninterest-bearing deposits | 60,083,000 | 75,161,000 | 74,575,000 | 78,778,000 |
| Equity capital | 36,168,000 | 36,706,000 | 36,970,000 | 37,392,000 |
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 | 3,829,000 | 7,577,000 | 11,352,000 | 15,066,000 |
| Interest expense | 790,000 | 1,540,000 | 2,244,000 | 2,893,000 |
| Net interest income | 3,039,000 | 6,037,000 | 9,108,000 | 12,173,000 |
| Noninterest income | 626,000 | 1,152,000 | 1,766,000 | 2,379,000 |
| Noninterest expense | 2,701,000 | 5,172,000 | 7,736,000 | 10,254,000 |
| Provision for loan losses | 120,000 | 280,000 | 490,000 | 670,000 |
| Pretax income | 844,000 | 1,737,000 | 2,648,000 | 3,628,000 |
| Income tax | 161,000 | 332,000 | 508,000 | 697,000 |
| Net income | 683,000 | 1,405,000 | 2,140,000 | 2,931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,051,000 | 35,398,000 | 35,448,000 | 35,963,000 |