Call reports 2019
FARMERS AND MERCHANTS STATE BANK — 2019
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 106,846,000 | 106,735,000 | 106,349,000 | 110,763,000 |
| Total loans | 66,635,000 | 72,596,000 | 73,348,000 | 74,318,000 |
| Allowance for loan losses | 1,190,000 | 1,190,000 | 1,190,000 | 1,191,000 |
| Securities available for sale | 8,780,000 | 8,402,000 | 28,257,000 | 29,558,000 |
| Securities held to maturity | 21,800,000 | 21,068,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,897,000 | 81,747,000 | 81,970,000 | 87,156,000 |
| Interest-bearing deposits | 73,467,000 | 70,580,000 | 70,229,000 | 69,320,000 |
| Noninterest-bearing deposits | 14,430,000 | 11,166,000 | 11,741,000 | 17,836,000 |
| Equity capital | 14,497,000 | 15,154,000 | 16,062,000 | 16,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,150,000 | 2,367,000 | 3,665,000 | 4,955,000 |
| Interest expense | 216,000 | 450,000 | 720,000 | 974,000 |
| Net interest income | 934,000 | 1,917,000 | 2,945,000 | 3,981,000 |
| Noninterest income | 25,000 | 54,000 | 78,000 | 112,000 |
| Noninterest expense | 398,000 | 790,000 | 1,220,000 | 1,818,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 561,000 | 1,180,000 | 1,802,000 | 2,277,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 561,000 | 1,180,000 | 1,802,000 | 2,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,402,000 | 15,021,000 | 15,642,000 | 16,117,000 |
| Total capital | 15,303,000 | 15,991,000 | 16,601,000 | 17,083,000 |
| Risk-weighted assets | 70,600,000 | 76,270,000 | 75,151,000 | 75,689,000 |