Call reports 2020
FARMERS BANK, THE — 2020
What FARMERS BANK, THE 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 | 109,931,000 | 112,982,000 | 112,958,000 | 134,437,000 |
| Total loans | 49,739,000 | 51,622,000 | 52,934,000 | 56,802,000 |
| Allowance for loan losses | 823,000 | 827,000 | 826,000 | 924,000 |
| Securities available for sale | 51,362,000 | 56,144,000 | 56,332,000 | 68,249,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,967,000 | 96,497,000 | 95,086,000 | 117,654,000 |
| Interest-bearing deposits | 85,005,000 | 83,394,000 | 82,859,000 | 104,832,000 |
| Noninterest-bearing deposits | 9,962,000 | 13,103,000 | 12,227,000 | 12,822,000 |
| Equity capital | 14,770,000 | 16,225,000 | 16,736,000 | 16,654,000 |
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 | 945,000 | 1,877,000 | 2,820,000 | 3,732,000 |
| Interest expense | 279,000 | 470,000 | 596,000 | 705,000 |
| Net interest income | 666,000 | 1,407,000 | 2,224,000 | 3,027,000 |
| Noninterest income | 60,000 | 109,000 | 160,000 | 230,000 |
| Noninterest expense | 645,000 | 1,284,000 | 1,972,000 | 2,647,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 256,000 | 406,000 | 587,000 | 680,000 |
| Income tax | 59,000 | 89,000 | 121,000 | 119,000 |
| Net income | 197,000 | 317,000 | 466,000 | 561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,010,000 | 15,130,000 | 15,279,000 | 15,158,000 |
| Total capital | 15,724,000 | 15,867,000 | 16,039,000 | 15,943,000 |
| Risk-weighted assets | 57,049,000 | 58,912,000 | 60,757,000 | 62,676,000 |