Call reports 2018
FARMERS & MERCHANTS SAVINGS BANK — 2018
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 160,749,000 | 160,091,000 | 157,625,000 | 158,721,000 |
| Total loans | 113,767,000 | 115,810,000 | 116,048,000 | 116,667,000 |
| Allowance for loan losses | 1,991,000 | 1,295,000 | 1,290,000 | 1,159,000 |
| Securities available for sale | 35,731,000 | 32,598,000 | 31,021,000 | 29,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,857,000 | 121,300,000 | 119,647,000 | 119,936,000 |
| Interest-bearing deposits | 105,825,000 | 101,655,000 | 99,997,000 | 98,667,000 |
| Noninterest-bearing deposits | 19,032,000 | 19,645,000 | 19,650,000 | 21,269,000 |
| Equity capital | 20,970,000 | 22,318,000 | 22,937,000 | 23,852,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,814,000 | 3,521,000 | 5,247,000 | 7,025,000 |
| Interest expense | 301,000 | 629,000 | 968,000 | 1,324,000 |
| Net interest income | 1,513,000 | 2,892,000 | 4,279,000 | 5,701,000 |
| Noninterest income | 208,000 | 400,000 | 597,000 | 821,000 |
| Noninterest expense | 709,000 | 1,582,000 | 2,320,000 | 3,305,000 |
| Provision for loan losses | 30,000 | -690,000 | -690,000 | -827,000 |
| Pretax income | 980,000 | 2,398,000 | 3,244,000 | 4,010,000 |
| Income tax | 49,000 | 120,000 | 162,000 | 201,000 |
| Net income | 931,000 | 2,278,000 | 3,082,000 | 3,809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,207,000 | 22,554,000 | 23,358,000 | 24,085,000 |
| Total capital | 22,809,000 | 23,849,000 | 24,648,000 | 25,244,000 |
| Risk-weighted assets | 127,784,000 | 128,791,000 | 129,415,000 | 130,044,000 |