Call reports 2016
FARMERS AND MERCHANTS STATE BANK — 2016
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 84,708,000 | 87,973,000 | 94,470,000 | 97,195,000 |
| Total loans | 57,392,000 | 60,055,000 | 65,619,000 | 65,253,000 |
| Allowance for loan losses | 1,202,000 | 1,202,000 | 1,202,000 | 1,203,000 |
| Securities available for sale | 6,225,000 | 6,464,000 | 6,101,000 | 6,150,000 |
| Securities held to maturity | 17,662,000 | 18,282,000 | 18,126,000 | 19,077,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,444,000 | 68,285,000 | 68,170,000 | 73,647,000 |
| Interest-bearing deposits | 61,142,000 | 59,481,000 | 56,921,000 | 61,555,000 |
| Noninterest-bearing deposits | 9,302,000 | 8,804,000 | 11,249,000 | 12,092,000 |
| Equity capital | 11,187,000 | 11,610,000 | 12,117,000 | 12,420,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 828,000 | 1,669,000 | 2,614,000 | 3,526,000 |
| Interest expense | 108,000 | 207,000 | 314,000 | 427,000 |
| Net interest income | 720,000 | 1,462,000 | 2,300,000 | 3,099,000 |
| Noninterest income | 101,000 | 152,000 | 199,000 | 250,000 |
| Noninterest expense | 389,000 | 770,000 | 1,141,000 | 1,641,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 432,000 | 844,000 | 1,358,000 | 1,708,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 432,000 | 844,000 | 1,358,000 | 1,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,047,000 | 11,459,000 | 11,988,000 | 12,323,000 |
| Total capital | 11,821,000 | 12,289,000 | 12,847,000 | 13,200,000 |
| Risk-weighted assets | 60,406,000 | 65,018,000 | 67,730,000 | 69,041,000 |