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 | 84,824,000 | 85,000,000 | 91,584,000 | 92,548,000 |
| Total loans | 72,045,000 | 74,606,000 | 81,244,000 | 82,752,000 |
| Allowance for loan losses | 1,262,000 | 983,000 | 970,000 | 704,000 |
| Securities available for sale | 5,722,000 | 5,210,000 | 4,827,000 | 4,469,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,004,000 | 75,667,000 | 75,388,000 | 79,654,000 |
| Interest-bearing deposits | 60,379,000 | 63,464,000 | 63,158,000 | 63,305,000 |
| Noninterest-bearing deposits | 12,625,000 | 12,203,000 | 12,230,000 | 16,349,000 |
| Equity capital | 8,353,000 | 8,843,000 | 9,161,000 | 8,650,000 |
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 | 1,065,000 | 2,096,000 | 3,157,000 | 4,249,000 |
| Interest expense | 119,000 | 229,000 | 336,000 | 440,000 |
| Net interest income | 946,000 | 1,867,000 | 2,821,000 | 3,809,000 |
| Noninterest income | 93,000 | 186,000 | 281,000 | 375,000 |
| Noninterest expense | 473,000 | 935,000 | 1,387,000 | 1,872,000 |
| Provision for loan losses | 0 | -280,000 | -280,000 | -181,000 |
| Pretax income | 566,000 | 1,398,000 | 1,995,000 | 2,493,000 |
| Income tax | 24,000 | 60,000 | 78,000 | 102,000 |
| Net income | 542,000 | 1,338,000 | 1,917,000 | 2,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,242,000 | 8,764,000 | 9,097,000 | 8,585,000 |
| Total capital | 9,164,000 | 9,747,000 | 10,067,000 | 9,289,000 |
| Risk-weighted assets | 73,431,000 | 79,114,000 | 84,220,000 | 82,559,000 |