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 | 41,462,000 | 45,648,000 | 52,986,000 | 53,295,000 |
| Total loans | 4,687,000 | 5,303,000 | 5,411,000 | 5,095,000 |
| Allowance for loan losses | 205,000 | 212,000 | 210,000 | 212,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 20,883,000 | 20,374,000 | 26,406,000 | 29,392,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,108,000 | 41,219,000 | 48,546,000 | 48,855,000 |
| Interest-bearing deposits | 18,235,000 | 19,297,000 | 22,824,000 | 23,426,000 |
| Noninterest-bearing deposits | 18,873,000 | 21,922,000 | 25,722,000 | 25,429,000 |
| Equity capital | 4,316,000 | 4,355,000 | 4,381,000 | 4,376,000 |
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 | 270,000 | 504,000 | 721,000 | 896,000 |
| Interest expense | 13,000 | 27,000 | 43,000 | 50,000 |
| Net interest income | 257,000 | 477,000 | 678,000 | 846,000 |
| Noninterest income | 16,000 | 31,000 | 72,000 | 95,000 |
| Noninterest expense | 176,000 | 357,000 | 566,000 | 763,000 |
| Provision for loan losses | 5,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 92,000 | 141,000 | 174,000 | 168,000 |
| Income tax | 18,000 | 28,000 | 35,000 | 34,000 |
| Net income | 74,000 | 113,000 | 139,000 | 134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,316,000 | 4,355,000 | 4,381,000 | 4,376,000 |