Call reports 2018
FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD — 2018
What FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD 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 | 114,346,000 | 112,474,000 | 116,698,000 | 125,439,000 |
| Total loans | 84,373,000 | 82,469,000 | 84,501,000 | 87,980,000 |
| Allowance for loan losses | 978,000 | 1,006,000 | 1,036,000 | 1,067,000 |
| Securities available for sale | 16,794,000 | 16,781,000 | 18,334,000 | 17,296,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,031,000 | 92,977,000 | 97,626,000 | 106,389,000 |
| Interest-bearing deposits | 80,461,000 | 78,861,000 | 82,657,000 | 87,726,000 |
| Noninterest-bearing deposits | 13,570,000 | 14,116,000 | 14,969,000 | 18,663,000 |
| Equity capital | 9,809,000 | 9,560,000 | 9,742,000 | 10,018,000 |
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 | 1,170,000 | 2,410,000 | 3,679,000 | 5,001,000 |
| Interest expense | 133,000 | 296,000 | 467,000 | 697,000 |
| Net interest income | 1,037,000 | 2,114,000 | 3,212,000 | 4,304,000 |
| Noninterest income | 63,000 | 162,000 | 225,000 | 290,000 |
| Noninterest expense | 718,000 | 1,540,000 | 2,277,000 | 3,077,000 |
| Provision for loan losses | 20,000 | 50,000 | 80,000 | 110,000 |
| Pretax income | 362,000 | 686,000 | 1,080,000 | 1,407,000 |
| Income tax | 532,000 | 533,000 | 533,000 | 533,000 |
| Net income | -170,000 | 153,000 | 547,000 | 874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,062,000 | 9,826,000 | 10,036,000 | 10,223,000 |
| Total capital | 11,040,000 | 10,832,000 | 11,072,000 | 11,290,000 |
| Risk-weighted assets | 87,286,000 | 85,785,000 | 87,824,000 | 91,179,000 |