Call reports 2013
FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD — 2013
What FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 112,806,000 | 109,131,000 | 123,878,000 | 119,494,000 |
| Total loans | 71,381,000 | 67,167,000 | 70,981,000 | 76,620,000 |
| Allowance for loan losses | 790,000 | 775,000 | 676,000 | 694,000 |
| Securities available for sale | 22,181,000 | 21,810,000 | 21,856,000 | 21,205,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,992,000 | 86,707,000 | 101,687,000 | 97,550,000 |
| Interest-bearing deposits | 78,444,000 | 75,977,000 | 85,734,000 | 82,496,000 |
| Noninterest-bearing deposits | 11,548,000 | 10,730,000 | 15,953,000 | 15,054,000 |
| Equity capital | 8,940,000 | 8,808,000 | 8,801,000 | 8,871,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,032,000 | 2,014,000 | 2,980,000 | 3,965,000 |
| Interest expense | 171,000 | 354,000 | 515,000 | 684,000 |
| Net interest income | 861,000 | 1,660,000 | 2,465,000 | 3,281,000 |
| Noninterest income | 69,000 | 156,000 | 237,000 | 314,000 |
| Noninterest expense | 746,000 | 1,576,000 | 2,267,000 | 3,063,000 |
| Provision for loan losses | 10,000 | 25,000 | 40,000 | 55,000 |
| Pretax income | 182,000 | 223,000 | 403,000 | 485,000 |
| Income tax | 64,000 | 66,000 | 124,000 | 141,000 |
| Net income | 118,000 | 157,000 | 279,000 | 344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,783,000 | 8,822,000 | 8,745,000 | 8,809,000 |
| Total capital | 9,573,000 | 9,597,000 | 9,421,000 | 9,503,000 |
| Risk-weighted assets | 79,516,000 | 75,580,000 | 79,413,000 | 84,516,000 |