Call reports 2016
MERCHANTS & FARMERS BANK & TRUST COMPANY — 2016
What MERCHANTS & FARMERS BANK & TRUST COMPANY 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 | 375,226,000 | 384,935,000 | 379,146,000 | 392,866,000 |
| Total loans | 214,974,000 | 218,317,000 | 217,087,000 | 212,698,000 |
| Allowance for loan losses | 1,635,000 | 1,774,000 | 1,913,000 | 2,106,000 |
| Securities available for sale | 125,416,000 | 128,956,000 | 123,008,000 | 136,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,724,000 | 276,800,000 | 264,921,000 | 292,512,000 |
| Interest-bearing deposits | 186,166,000 | 184,249,000 | 171,708,000 | 202,592,000 |
| Noninterest-bearing deposits | 94,558,000 | 92,551,000 | 93,213,000 | 89,920,000 |
| Equity capital | 42,198,000 | 43,879,000 | 44,207,000 | 41,335,000 |
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 | 3,500,000 | 6,861,000 | 10,270,000 | 13,635,000 |
| Interest expense | 290,000 | 582,000 | 894,000 | 1,265,000 |
| Net interest income | 3,210,000 | 6,279,000 | 9,376,000 | 12,370,000 |
| Noninterest income | 834,000 | 1,517,000 | 2,530,000 | 3,413,000 |
| Noninterest expense | 2,866,000 | 5,706,000 | 8,402,000 | 11,273,000 |
| Provision for loan losses | 186,000 | 361,000 | 658,000 | 867,000 |
| Pretax income | 1,113,000 | 2,000,000 | 3,144,000 | 3,952,000 |
| Income tax | 270,000 | 472,000 | 756,000 | 642,000 |
| Net income | 843,000 | 1,528,000 | 2,388,000 | 3,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,409,000 | 36,914,000 | 37,773,000 | 38,419,000 |
| Total capital | 38,044,000 | 38,688,000 | 39,686,000 | 40,525,000 |
| Risk-weighted assets | 218,952,000 | 221,990,000 | 216,860,000 | 220,655,000 |