Call reports 2011
FARMERS AND MERCHANTS STATE BANK — 2011
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 65,183,000 | 65,768,000 | 67,411,000 | 71,593,000 |
| Total loans | 37,432,000 | 39,346,000 | 39,681,000 | 40,856,000 |
| Allowance for loan losses | 622,000 | 523,000 | 524,000 | 308,000 |
| Securities available for sale | 7,567,000 | 8,295,000 | 6,872,000 | 10,332,000 |
| Securities held to maturity | 9,663,000 | 11,389,000 | 12,243,000 | 12,829,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,462,000 | 56,757,000 | 58,014,000 | 62,065,000 |
| Interest-bearing deposits | 47,540,000 | 47,987,000 | 47,761,000 | 48,348,000 |
| Noninterest-bearing deposits | 8,922,000 | 8,770,000 | 10,253,000 | 13,717,000 |
| Equity capital | 7,858,000 | 8,115,000 | 8,451,000 | 8,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 708,000 | 1,427,000 | 2,199,000 | 2,917,000 |
| Interest expense | 161,000 | 312,000 | 453,000 | 574,000 |
| Net interest income | 547,000 | 1,115,000 | 1,746,000 | 2,343,000 |
| Noninterest income | 38,000 | 74,000 | 124,000 | 158,000 |
| Noninterest expense | 336,000 | 689,000 | 1,004,000 | 1,415,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 249,000 | 500,000 | 867,000 | 1,087,000 |
| Income tax | 11,000 | 27,000 | 51,000 | 65,000 |
| Net income | 238,000 | 473,000 | 816,000 | 1,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,702,000 | 7,937,000 | 8,281,000 | 8,486,000 |
| Total capital | 8,306,000 | 8,463,000 | 8,807,000 | 8,796,000 |
| Risk-weighted assets | 48,156,000 | 49,332,000 | 50,016,000 | 51,831,000 |