Call reports 2021
IROQUOIS FARMERS STATE BANK — 2021
What IROQUOIS FARMERS STATE BANK 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 | 145,306,000 | 147,722,000 | 140,337,000 | 145,554,000 |
| Total loans | 68,021,000 | 68,989,000 | 73,062,000 | 75,954,000 |
| Allowance for loan losses | 370,000 | 381,000 | 385,000 | 416,000 |
| Securities available for sale | 38,629,000 | 38,103,000 | 38,799,000 | 41,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,806,000 | 136,214,000 | 128,604,000 | 134,155,000 |
| Interest-bearing deposits | 100,846,000 | 103,945,000 | 97,887,000 | 95,576,000 |
| Noninterest-bearing deposits | 32,960,000 | 32,269,000 | 30,717,000 | 38,579,000 |
| Equity capital | 10,836,000 | 10,985,000 | 11,112,000 | 10,753,000 |
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 | 1,009,000 | 2,185,000 | 3,129,000 | 4,074,000 |
| Interest expense | 55,000 | 101,000 | 143,000 | 183,000 |
| Net interest income | 954,000 | 2,084,000 | 2,986,000 | 3,891,000 |
| Noninterest income | 50,000 | 103,000 | 161,000 | 225,000 |
| Noninterest expense | 638,000 | 1,262,000 | 1,894,000 | 2,527,000 |
| Provision for loan losses | 26,000 | 56,000 | 91,000 | 111,000 |
| Pretax income | 340,000 | 869,000 | 1,162,000 | 1,478,000 |
| Income tax | 0 | 3,000 | 7,000 | 18,000 |
| Net income | 340,000 | 866,000 | 1,155,000 | 1,460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,970,000 | 11,128,000 | 11,198,000 | 11,262,000 |
| Total capital | 11,340,000 | 11,509,000 | 11,583,000 | 11,678,000 |
| Risk-weighted assets | 85,682,000 | 86,078,000 | 88,710,000 | 94,249,000 |