Call reports 2021
FARMERS BANK AND SAVINGS COMPANY, THE — 2021
What FARMERS BANK AND SAVINGS COMPANY, THE 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 | 389,065,000 | 390,259,000 | 391,035,000 | 395,818,000 |
| Total loans | 253,416,000 | 249,358,000 | 247,237,000 | 247,580,000 |
| Allowance for loan losses | 2,955,000 | 2,700,000 | 2,658,000 | 2,657,000 |
| Securities available for sale | 76,409,000 | 90,266,000 | 103,314,000 | 111,719,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 351,891,000 | 351,700,000 | 352,193,000 | 357,546,000 |
| Interest-bearing deposits | 260,777,000 | 260,779,000 | 257,498,000 | 258,293,000 |
| Noninterest-bearing deposits | 91,114,000 | 90,921,000 | 94,695,000 | 99,253,000 |
| Equity capital | 36,645,000 | 37,589,000 | 38,078,000 | 37,546,000 |
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 | 3,646,000 | 7,243,000 | 11,254,000 | 15,062,000 |
| Interest expense | 570,000 | 1,062,000 | 1,476,000 | 1,831,000 |
| Net interest income | 3,076,000 | 6,181,000 | 9,778,000 | 13,231,000 |
| Noninterest income | 599,000 | 1,262,000 | 1,891,000 | 2,584,000 |
| Noninterest expense | 2,664,000 | 5,378,000 | 8,089,000 | 11,336,000 |
| Provision for loan losses | 45,000 | -205,000 | -205,000 | -205,000 |
| Pretax income | 966,000 | 2,270,000 | 3,785,000 | 4,684,000 |
| Income tax | 180,000 | 430,000 | 725,000 | 891,000 |
| Net income | 786,000 | 1,840,000 | 3,060,000 | 3,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,424,000 | 37,104,000 | 37,649,000 | 37,981,000 |