Call reports 2020
FARMERS BANK, WINDSOR VA — 2020
What FARMERS BANK, WINDSOR VA 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 | 487,732,000 | 522,900,000 | 536,909,000 | 551,868,000 |
| Total loans | 282,476,000 | 293,142,000 | 290,313,000 | 285,009,000 |
| Allowance for loan losses | 5,676,000 | 6,175,000 | 6,396,000 | 6,347,000 |
| Securities available for sale | 164,353,000 | 168,363,000 | 166,782,000 | 203,766,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 391,111,000 | 427,575,000 | 436,572,000 | 454,639,000 |
| Interest-bearing deposits | 274,496,000 | 286,306,000 | 294,849,000 | 303,586,000 |
| Noninterest-bearing deposits | 116,615,000 | 141,269,000 | 141,723,000 | 151,053,000 |
| Equity capital | 63,644,000 | 65,191,000 | 68,192,000 | 70,488,000 |
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 | 4,433,000 | 8,944,000 | 13,234,000 | 17,577,000 |
| Interest expense | 663,000 | 1,120,000 | 1,565,000 | 1,960,000 |
| Net interest income | 3,770,000 | 7,824,000 | 11,669,000 | 15,617,000 |
| Noninterest income | 2,034,000 | 3,924,000 | 6,171,000 | 9,011,000 |
| Noninterest expense | 4,430,000 | 8,483,000 | 12,729,000 | 17,424,000 |
| Provision for loan losses | 125,000 | 651,000 | 921,000 | 921,000 |
| Pretax income | 1,358,000 | 2,985,000 | 4,563,000 | 6,911,000 |
| Income tax | 167,000 | 360,000 | 522,000 | 862,000 |
| Net income | 1,093,000 | 2,443,000 | 3,746,000 | 5,582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,206,000 | 49,238,000 | 52,372,000 | 53,897,000 |
| Total capital | 52,707,000 | 53,654,000 | 57,164,000 | 58,491,000 |
| Risk-weighted assets | 358,966,000 | 351,539,000 | 381,813,000 | 365,807,000 |