Call reports 2020
FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD — 2020
What FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD 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 | 122,149,000 | 133,418,000 | 131,832,000 | 136,784,000 |
| Total loans | 90,724,000 | 88,711,000 | 87,718,000 | 83,373,000 |
| Allowance for loan losses | 1,216,000 | 1,246,000 | 1,277,000 | 1,307,000 |
| Securities available for sale | 17,434,000 | 15,912,000 | 18,896,000 | 25,451,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,004,000 | 113,752,000 | 112,431,000 | 118,398,000 |
| Interest-bearing deposits | 89,778,000 | 96,356,000 | 94,958,000 | 98,361,000 |
| Noninterest-bearing deposits | 13,226,000 | 17,396,000 | 17,473,000 | 20,037,000 |
| Equity capital | 10,668,000 | 10,944,000 | 10,962,000 | 10,954,000 |
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 | 1,294,000 | 2,774,000 | 3,981,000 | 5,056,000 |
| Interest expense | 282,000 | 485,000 | 672,000 | 802,000 |
| Net interest income | 1,012,000 | 2,289,000 | 3,309,000 | 4,254,000 |
| Noninterest income | 39,000 | 120,000 | 161,000 | 212,000 |
| Noninterest expense | 703,000 | 1,468,000 | 2,231,000 | 3,084,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 295,000 | 863,000 | 1,133,000 | 1,254,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 293,000 | 861,000 | 1,131,000 | 1,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,373,000 | 10,663,000 | 10,726,000 | 10,753,000 |
| Total capital | 11,482,000 | — | — | 11,750,000 |
| Risk-weighted assets | 88,632,000 | — | — | 79,415,000 |