Call reports 2018
FARMERS AND MERCHANTS STATE BANK — 2018
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 101,449,000 | 99,286,000 | 105,772,000 | 107,439,000 |
| Total loans | 62,431,000 | 65,473,000 | 70,211,000 | 71,541,000 |
| Allowance for loan losses | 1,186,000 | 1,185,000 | 1,192,000 | 1,190,000 |
| Securities available for sale | 8,182,000 | 8,490,000 | 8,485,000 | 8,214,000 |
| Securities held to maturity | 21,124,000 | 20,610,000 | 21,714,000 | 21,434,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,797,000 | 81,171,000 | 77,986,000 | 83,039,000 |
| Interest-bearing deposits | 68,700,000 | 67,547,000 | 67,163,000 | 69,185,000 |
| Noninterest-bearing deposits | 15,097,000 | 13,624,000 | 10,823,000 | 13,854,000 |
| Equity capital | 13,257,000 | 13,662,000 | 14,186,000 | 14,628,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 966,000 | 2,026,000 | 3,140,000 | 4,305,000 |
| Interest expense | 150,000 | 341,000 | 537,000 | 774,000 |
| Net interest income | 816,000 | 1,685,000 | 2,603,000 | 3,531,000 |
| Noninterest income | 47,000 | 52,000 | 80,000 | 109,000 |
| Noninterest expense | 389,000 | 827,000 | 1,211,000 | 1,769,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 474,000 | 910,000 | 1,472,000 | 1,871,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 474,000 | 910,000 | 1,472,000 | 1,871,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,198,000 | 13,634,000 | 14,196,000 | 14,596,000 |
| Total capital | 14,050,000 | 14,503,000 | 15,105,000 | 15,511,000 |
| Risk-weighted assets | 66,616,000 | 67,966,000 | 71,238,000 | 71,930,000 |