Call reports 2021
FARM BUREAU BANK FSB — 2021
What FARM BUREAU BANK FSB 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 | 770,199,000 | 768,804,000 | 772,313,000 | 799,549,000 |
| Total loans | 595,485,000 | 612,917,000 | 616,312,000 | 612,999,000 |
| Allowance for loan losses | 8,408,000 | 6,498,000 | 5,669,000 | 5,192,000 |
| Securities available for sale | 0 | 0 | 17,396,000 | 58,328,000 |
| Securities held to maturity | 26,817,000 | 25,215,000 | 22,762,000 | 16,380,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 651,729,000 | 647,591,000 | 649,999,000 | 673,212,000 |
| Interest-bearing deposits | 621,988,000 | 614,097,000 | 616,671,000 | 643,220,000 |
| Noninterest-bearing deposits | 29,741,000 | 33,494,000 | 33,329,000 | 29,991,000 |
| Equity capital | 88,179,000 | 90,460,000 | 92,242,000 | 92,435,000 |
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 | 9,398,000 | 19,215,000 | 29,105,000 | 38,926,000 |
| Interest expense | 1,637,000 | 3,085,000 | 4,427,000 | 5,697,000 |
| Net interest income | 7,761,000 | 16,130,000 | 24,678,000 | 33,229,000 |
| Noninterest income | 1,063,000 | 3,336,000 | 6,424,000 | 8,372,000 |
| Noninterest expense | 7,261,000 | 14,769,000 | 22,772,000 | 31,446,000 |
| Provision for loan losses | -1,145,000 | -2,406,000 | -2,548,000 | -2,646,000 |
| Pretax income | 2,708,000 | 7,103,000 | 10,878,000 | 12,802,000 |
| Income tax | 686,000 | 1,800,000 | 2,757,000 | 3,245,000 |
| Net income | 2,022,000 | 5,303,000 | 8,121,000 | 9,618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,692,000 | 90,186,000 | 91,195,000 | 91,773,000 |
| Total capital | 95,049,000 | 96,684,000 | 96,864,000 | 96,965,000 |
| Risk-weighted assets | 587,521,000 | 620,894,000 | 636,144,000 | 652,347,000 |