Call reports 2015
FARMERS AND MERCHANTS STATE BANK — 2015
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 96,087,000 | 98,228,000 | 102,781,000 | 107,751,000 |
| Total loans | 87,010,000 | 90,546,000 | 94,315,000 | 97,532,000 |
| Allowance for loan losses | 1,352,000 | 1,330,000 | 1,309,000 | 1,024,000 |
| Securities available for sale | 4,260,000 | 3,844,000 | 3,295,000 | 3,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,129,000 | 83,768,000 | 83,761,000 | 92,546,000 |
| Interest-bearing deposits | 67,290,000 | 69,173,000 | 68,728,000 | 75,076,000 |
| Noninterest-bearing deposits | 16,839,000 | 14,595,000 | 15,033,000 | 17,470,000 |
| Equity capital | 9,549,000 | 9,881,000 | 10,279,000 | 9,836,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,133,000 | 2,294,000 | 3,483,000 | 4,693,000 |
| Interest expense | 97,000 | 194,000 | 297,000 | 401,000 |
| Net interest income | 1,036,000 | 2,100,000 | 3,186,000 | 4,292,000 |
| Noninterest income | 86,000 | 181,000 | 282,000 | 296,000 |
| Noninterest expense | 456,000 | 935,000 | 1,410,000 | 1,926,000 |
| Provision for loan losses | 0 | 0 | 0 | 39,000 |
| Pretax income | 666,000 | 1,346,000 | 2,075,000 | 2,640,000 |
| Income tax | 29,000 | 58,000 | 89,000 | 112,000 |
| Net income | 637,000 | 1,288,000 | 1,986,000 | 2,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,507,000 | 9,863,000 | 10,265,000 | 9,822,000 |
| Total capital | 10,596,000 | 10,995,000 | 11,499,000 | 10,846,000 |
| Risk-weighted assets | 86,914,000 | 90,404,000 | 98,670,000 | 98,412,000 |