Call reports 2020
IROQUOIS FARMERS STATE BANK — 2020
What IROQUOIS 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 | 112,946,000 | 121,641,000 | 120,550,000 | 131,672,000 |
| Total loans | 64,397,000 | 66,715,000 | 69,159,000 | 72,455,000 |
| Allowance for loan losses | 342,000 | 353,000 | 338,000 | 346,000 |
| Securities available for sale | 18,262,000 | 19,246,000 | 21,535,000 | 27,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,619,000 | 110,306,000 | 109,072,000 | 120,134,000 |
| Interest-bearing deposits | 75,133,000 | 81,795,000 | 78,749,000 | 82,382,000 |
| Noninterest-bearing deposits | 26,486,000 | 28,511,000 | 30,323,000 | 37,752,000 |
| Equity capital | 10,662,000 | 10,772,000 | 10,854,000 | 10,934,000 |
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 | 961,000 | 1,875,000 | 2,786,000 | 3,700,000 |
| Interest expense | 95,000 | 186,000 | 266,000 | 336,000 |
| Net interest income | 866,000 | 1,689,000 | 2,520,000 | 3,364,000 |
| Noninterest income | 70,000 | 111,000 | 151,000 | 211,000 |
| Noninterest expense | 656,000 | 1,287,000 | 1,944,000 | 2,605,000 |
| Provision for loan losses | 60,000 | 93,000 | 93,000 | 110,000 |
| Pretax income | 220,000 | 420,000 | 634,000 | 860,000 |
| Income tax | 0 | 3,000 | 6,000 | 11,000 |
| Net income | 220,000 | 417,000 | 628,000 | 849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,615,000 | 10,673,000 | 10,718,000 | 10,806,000 |
| Total capital | 10,957,000 | 11,024,000 | 11,058,000 | — |
| Risk-weighted assets | 74,968,000 | 79,171,000 | 80,397,000 | — |