Call reports 2020
FARM BUREAU BANK FSB — 2020
What FARM BUREAU BANK FSB 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 | 785,037,000 | 781,313,000 | 763,509,000 | 760,397,000 |
| Total loans | 647,195,000 | 656,968,000 | 654,902,000 | 552,399,000 |
| Allowance for loan losses | 8,826,000 | 10,647,000 | 12,911,000 | 10,679,000 |
| Securities available for sale | 1,000,000 | 1,000,000 | 0 | 0 |
| Securities held to maturity | 36,996,000 | 42,531,000 | 30,881,000 | 29,006,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 683,272,000 | 677,686,000 | 657,018,000 | 643,166,000 |
| Interest-bearing deposits | 661,610,000 | 647,160,000 | 631,902,000 | 620,488,000 |
| Noninterest-bearing deposits | 21,662,000 | 30,526,000 | 25,117,000 | 22,678,000 |
| Equity capital | 82,351,000 | 81,764,000 | 82,646,000 | 86,157,000 |
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 | 11,386,000 | 21,063,000 | 31,783,000 | 41,883,000 |
| Interest expense | 3,034,000 | 5,499,000 | 7,668,000 | 9,577,000 |
| Net interest income | 8,352,000 | 15,564,000 | 24,115,000 | 32,306,000 |
| Noninterest income | 808,000 | 2,911,000 | 5,864,000 | 11,209,000 |
| Noninterest expense | 7,197,000 | 14,147,000 | 21,347,000 | 30,420,000 |
| Provision for loan losses | 2,288,000 | 5,438,000 | 8,562,000 | 6,982,000 |
| Pretax income | -325,000 | -1,110,000 | 70,000 | 6,113,000 |
| Income tax | -82,000 | -281,000 | 19,000 | 1,550,000 |
| Net income | -243,000 | -829,000 | 51,000 | 4,563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,033,000 | 81,394,000 | 82,249,000 | 85,602,000 |
| Total capital | 90,375,000 | 89,541,000 | 90,289,000 | 92,536,000 |
| Risk-weighted assets | 666,901,000 | 649,164,000 | 638,317,000 | 551,010,000 |