Call reports 2020
FARMERS BANK & TRUST COMPANY — 2020
What FARMERS BANK & TRUST COMPANY 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 | 1,709,059,000 | 1,787,987,000 | 1,797,327,000 | 1,793,266,000 |
| Total loans | 1,331,174,000 | 1,366,879,000 | 1,384,189,000 | 1,361,418,000 |
| Allowance for loan losses | 19,077,000 | 19,770,000 | 20,864,000 | 22,861,000 |
| Securities available for sale | 234,378,000 | 255,049,000 | 248,303,000 | 243,120,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,421,439,000 | 1,497,028,000 | 1,500,320,000 | 1,533,413,000 |
| Interest-bearing deposits | 1,220,826,000 | 1,230,207,000 | 1,238,498,000 | 1,248,699,000 |
| Noninterest-bearing deposits | 200,613,000 | 266,821,000 | 261,822,000 | 284,714,000 |
| Equity capital | 166,965,000 | 179,081,000 | 184,926,000 | 191,091,000 |
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 | 19,300,000 | 38,594,000 | 57,621,000 | 77,536,000 |
| Interest expense | 4,656,000 | 8,370,000 | 11,613,000 | 14,435,000 |
| Net interest income | 14,644,000 | 30,224,000 | 46,008,000 | 63,101,000 |
| Noninterest income | 2,527,000 | 5,027,000 | 7,640,000 | 11,368,000 |
| Noninterest expense | 9,118,000 | 19,596,000 | 29,267,000 | 39,335,000 |
| Provision for loan losses | 800,000 | 2,000,000 | 3,400,000 | 8,400,000 |
| Pretax income | 6,660,000 | 13,568,000 | 21,481,000 | 27,581,000 |
| Income tax | 1,526,000 | 3,545,000 | 4,762,000 | 5,593,000 |
| Net income | 5,134,000 | 10,023,000 | 16,719,000 | 21,988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,257,000 | 159,231,000 | 165,013,000 | 170,367,000 |
| Total capital | 173,573,000 | 176,165,000 | 182,138,000 | 187,699,000 |
| Risk-weighted assets | 1,383,515,000 | 1,351,875,000 | 1,366,243,000 | 1,381,056,000 |