Call reports 2022
FARM BUREAU BANK FSB — 2022
What FARM BUREAU BANK FSB reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 807,731,000 | 867,470,000 | 1,022,892,000 | 1,068,094,000 |
| Total loans | 646,798,000 | 682,852,000 | 796,412,000 | 829,886,000 |
| Allowance for loan losses | 5,239,000 | 5,595,000 | 6,322,000 | 4,979,000 |
| Securities available for sale | 77,259,000 | 100,920,000 | 124,644,000 | 139,911,000 |
| Securities held to maturity | 12,925,000 | 12,165,000 | 13,375,000 | 13,014,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 684,525,000 | 674,366,000 | 794,059,000 | 920,893,000 |
| Interest-bearing deposits | 649,233,000 | 641,168,000 | 763,364,000 | 890,670,000 |
| Noninterest-bearing deposits | 35,292,000 | 33,198,000 | 30,695,000 | 30,223,000 |
| Equity capital | 90,330,000 | 88,949,000 | 96,769,000 | 99,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 9,620,000 | 20,151,000 | 33,123,000 | 48,745,000 |
| Interest expense | 1,155,000 | 2,238,000 | 4,494,000 | 8,467,000 |
| Net interest income | 8,465,000 | 17,913,000 | 28,629,000 | 40,278,000 |
| Noninterest income | 1,472,000 | 2,515,000 | 3,975,000 | 5,898,000 |
| Noninterest expense | 8,378,000 | 17,110,000 | 26,425,000 | 37,411,000 |
| Provision for loan losses | 533,000 | 1,406,000 | 2,589,000 | 1,938,000 |
| Pretax income | 1,026,000 | 1,912,000 | 3,589,000 | 6,827,000 |
| Income tax | -127,000 | -283,000 | -233,000 | 130,000 |
| Net income | 1,222,000 | 2,311,000 | 3,989,000 | 6,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,080,000 | 94,280,000 | 106,020,000 | 108,991,000 |
| Total capital | 98,319,000 | 99,875,000 | 112,342,000 | 113,970,000 |
| Risk-weighted assets | 698,442,000 | 747,532,000 | 877,113,000 | 909,885,000 |