Call reports 2020
FARMERS STATE BANK — 2020
What FARMERS STATE 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 | 65,890,000 | 68,754,000 | 69,304,000 | 69,831,000 |
| Total loans | 42,041,000 | 41,897,000 | 39,498,000 | 38,875,000 |
| Allowance for loan losses | 812,000 | 812,000 | 812,000 | 1,067,000 |
| Securities available for sale | 17,454,000 | 17,543,000 | 23,132,000 | 26,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,176,000 | 58,554,000 | 58,863,000 | 59,414,000 |
| Interest-bearing deposits | 46,108,000 | 45,751,000 | 43,967,000 | 44,466,000 |
| Noninterest-bearing deposits | 9,068,000 | 12,803,000 | 14,896,000 | 14,948,000 |
| Equity capital | 9,328,000 | 10,044,000 | 10,293,000 | 10,277,000 |
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 | 671,000 | 1,315,000 | 1,889,000 | 2,503,000 |
| Interest expense | 97,000 | 189,000 | 275,000 | 356,000 |
| Net interest income | 574,000 | 1,126,000 | 1,614,000 | 2,147,000 |
| Noninterest income | 55,000 | 209,000 | 270,000 | 362,000 |
| Noninterest expense | 351,000 | 653,000 | 951,000 | 1,352,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 275,000 |
| Pretax income | 253,000 | 657,000 | 908,000 | 882,000 |
| Income tax | 4,000 | 8,000 | 12,000 | 16,000 |
| Net income | 249,000 | 649,000 | 896,000 | 866,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,153,000 | 9,553,000 | 9,800,000 | 9,770,000 |