Call reports 2014
FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD — 2014
What FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 116,906,000 | 113,750,000 | 126,475,000 | 121,719,000 |
| Total loans | 71,745,000 | 69,502,000 | 73,432,000 | 82,740,000 |
| Allowance for loan losses | 705,000 | 720,000 | 736,000 | 751,000 |
| Securities available for sale | 21,143,000 | 22,121,000 | 24,545,000 | 23,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,254,000 | 92,800,000 | 106,629,000 | 99,632,000 |
| Interest-bearing deposits | 82,317,000 | 80,177,000 | 92,926,000 | 84,812,000 |
| Noninterest-bearing deposits | 12,937,000 | 12,623,000 | 13,703,000 | 14,820,000 |
| Equity capital | 8,985,000 | 8,789,000 | 8,918,000 | 9,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 963,000 | 1,915,000 | 2,874,000 | 3,925,000 |
| Interest expense | 143,000 | 303,000 | 436,000 | 575,000 |
| Net interest income | 820,000 | 1,612,000 | 2,438,000 | 3,350,000 |
| Noninterest income | 67,000 | 152,000 | 229,000 | 305,000 |
| Noninterest expense | 697,000 | 1,577,000 | 2,272,000 | 3,016,000 |
| Provision for loan losses | 10,000 | 25,000 | 40,000 | 55,000 |
| Pretax income | 180,000 | 162,000 | 355,000 | 584,000 |
| Income tax | 60,000 | 54,000 | 101,000 | 179,000 |
| Net income | 120,000 | 108,000 | 254,000 | 405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,929,000 | 8,717,000 | 8,863,000 | 9,014,000 |
| Total capital | 9,634,000 | 9,437,000 | 9,599,000 | 9,765,000 |
| Risk-weighted assets | 80,403,000 | 76,312,000 | 81,971,000 | 88,983,000 |