Call reports 2017
FARMERS AND MERCHANTS STATE BANK — 2017
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 98,955,000 | 103,345,000 | 107,903,000 | 110,190,000 |
| Total loans | 87,586,000 | 88,614,000 | 90,335,000 | 91,771,000 |
| Allowance for loan losses | 1,527,000 | 1,651,000 | 1,706,000 | 1,715,000 |
| Securities available for sale | 3,628,000 | 3,539,000 | 4,681,000 | 7,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,773,000 | 88,984,000 | 90,522,000 | 98,641,000 |
| Interest-bearing deposits | 72,851,000 | 74,379,000 | 74,932,000 | 78,077,000 |
| Noninterest-bearing deposits | 14,922,000 | 14,605,000 | 15,590,000 | 20,564,000 |
| Equity capital | 10,813,000 | 11,079,000 | 11,229,000 | 11,175,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,184,000 | 2,419,000 | 3,655,000 | 4,949,000 |
| Interest expense | 153,000 | 317,000 | 506,000 | 713,000 |
| Net interest income | 1,031,000 | 2,102,000 | 3,149,000 | 4,236,000 |
| Noninterest income | 74,000 | 206,000 | 314,000 | 422,000 |
| Noninterest expense | 492,000 | 1,004,000 | 1,559,000 | 2,160,000 |
| Provision for loan losses | 120,000 | 240,000 | 372,000 | 416,000 |
| Pretax income | 493,000 | 1,064,000 | 1,532,000 | 2,082,000 |
| Income tax | 21,000 | 51,000 | 75,000 | 86,000 |
| Net income | 472,000 | 1,013,000 | 1,457,000 | 1,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,816,000 | 11,062,000 | 11,211,000 | 11,239,000 |
| Total capital | 11,972,000 | 12,228,000 | 12,364,000 | 12,461,000 |
| Risk-weighted assets | 92,129,000 | 92,841,000 | 91,703,000 | 97,324,000 |