Call reports 2023
FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD — 2023
What FARMERS & MERCHANTS STATE BANK OF SPRINGFIELD reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 138,304,000 | 137,464,000 | 134,966,000 | 142,523,000 |
| Total loans | 76,596,000 | 77,303,000 | 80,488,000 | 86,194,000 |
| Allowance for loan losses | 1,311,000 | 1,311,000 | 1,311,000 | 1,309,000 |
| Securities available for sale | 47,852,000 | 45,727,000 | 38,906,000 | 36,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,797,000 | 120,932,000 | 116,940,000 | 124,867,000 |
| Interest-bearing deposits | 97,764,000 | 95,371,000 | 96,026,000 | 101,706,000 |
| Noninterest-bearing deposits | 25,033,000 | 25,561,000 | 20,914,000 | 23,161,000 |
| Equity capital | 8,771,000 | 8,727,000 | 9,117,000 | 10,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,419,000 | 2,847,000 | 4,329,000 | 5,957,000 |
| Interest expense | 201,000 | 420,000 | 762,000 | 1,181,000 |
| Net interest income | 1,218,000 | 2,427,000 | 3,567,000 | 4,776,000 |
| Noninterest income | 39,000 | 91,000 | 131,000 | 181,000 |
| Noninterest expense | 699,000 | 1,533,000 | 2,332,000 | 3,195,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 574,000 | 1,007,000 | 1,402,000 | 1,825,000 |
| Income tax | 53,000 | 72,000 | 109,000 | 104,000 |
| Net income | 521,000 | 935,000 | 1,293,000 | 1,721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,809,000 | 10,909,000 | 11,131,000 | 11,472,000 |
| Total capital | 11,685,000 | 11,795,000 | 12,034,000 | 12,454,000 |
| Risk-weighted assets | 69,643,000 | 70,447,000 | 71,866,000 | 78,309,000 |