Call reports 2017
FARMERS AND MERCHANTS STATE BANK — 2017
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 92,790,000 | 97,992,000 | 100,128,000 | 100,959,000 |
| Total loans | 63,405,000 | 66,459,000 | 69,732,000 | 69,644,000 |
| Allowance for loan losses | 1,203,000 | 1,202,000 | 1,182,000 | 1,182,000 |
| Securities available for sale | 6,919,000 | 7,603,000 | 6,761,000 | 6,290,000 |
| Securities held to maturity | 17,728,000 | 19,881,000 | 19,712,000 | 19,863,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,504,000 | 72,756,000 | 74,115,000 | 80,515,000 |
| Interest-bearing deposits | 62,689,000 | 62,880,000 | 63,051,000 | 66,130,000 |
| Noninterest-bearing deposits | 11,815,000 | 9,876,000 | 11,064,000 | 14,385,000 |
| Equity capital | 12,233,000 | 12,709,000 | 13,195,000 | 13,472,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 897,000 | 1,839,000 | 2,869,000 | 3,865,000 |
| Interest expense | 128,000 | 246,000 | 393,000 | 549,000 |
| Net interest income | 769,000 | 1,593,000 | 2,476,000 | 3,316,000 |
| Noninterest income | 45,000 | 91,000 | 142,000 | 187,000 |
| Noninterest expense | 359,000 | 749,000 | 1,210,000 | 1,790,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 455,000 | 935,000 | 1,407,000 | 1,711,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 455,000 | 935,000 | 1,407,000 | 1,711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,123,000 | 12,603,000 | 13,075,000 | 13,379,000 |
| Total capital | 12,972,000 | 13,503,000 | 13,959,000 | 14,277,000 |
| Risk-weighted assets | 66,800,000 | 70,832,000 | 69,397,000 | 70,532,000 |