Call reports 2013
FARMERS AND MERCHANTS STATE BANK — 2013
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 27,204,000 | 27,311,000 | 26,993,000 | 26,885,000 |
| Total loans | 7,360,000 | 7,653,000 | 8,148,000 | 8,293,000 |
| Allowance for loan losses | 191,000 | 192,000 | 177,000 | 177,000 |
| Securities available for sale | 11,713,000 | 11,698,000 | 11,840,000 | 11,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,094,000 | 24,480,000 | 24,171,000 | 24,200,000 |
| Interest-bearing deposits | 19,214,000 | 19,426,000 | 18,977,000 | 19,100,000 |
| Noninterest-bearing deposits | 4,880,000 | 5,054,000 | 5,194,000 | 5,100,000 |
| Equity capital | 3,076,000 | 2,791,000 | 2,781,000 | 2,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 242,000 | 486,000 | 735,000 | 1,003,000 |
| Interest expense | 19,000 | 38,000 | 57,000 | 76,000 |
| Net interest income | 223,000 | 448,000 | 678,000 | 927,000 |
| Noninterest income | 16,000 | 40,000 | 60,000 | 76,000 |
| Noninterest expense | 169,000 | 327,000 | 511,000 | 747,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 70,000 | 161,000 | 227,000 | 256,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 70,000 | 161,000 | 227,000 | 256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,481,000 | 2,517,000 | 2,554,000 | 2,570,000 |
| Total capital | 2,601,000 | 2,647,000 | 2,683,000 | 2,702,000 |
| Risk-weighted assets | 9,536,000 | 10,342,000 | 10,421,000 | 10,498,000 |