Call reports 2018
FARMERS AND MERCHANTS STATE BANK — 2018
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 109,116,000 | 110,616,000 | 112,679,000 | 113,858,000 |
| Total loans | 90,469,000 | 93,829,000 | 96,881,000 | 97,438,000 |
| Allowance for loan losses | 1,671,000 | 1,976,000 | 1,976,000 | 1,918,000 |
| Securities available for sale | 7,690,000 | 8,204,000 | 7,667,000 | 7,285,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,752,000 | 93,592,000 | 97,995,000 | 101,553,000 |
| Interest-bearing deposits | 78,232,000 | 78,452,000 | 83,738,000 | 83,178,000 |
| Noninterest-bearing deposits | 17,520,000 | 15,140,000 | 14,257,000 | 18,375,000 |
| Equity capital | 11,367,000 | 11,360,000 | 11,656,000 | 11,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,307,000 | 2,673,000 | 4,100,000 | 5,586,000 |
| Interest expense | 215,000 | 442,000 | 718,000 | 1,025,000 |
| Net interest income | 1,092,000 | 2,231,000 | 3,382,000 | 4,561,000 |
| Noninterest income | 80,000 | 220,000 | 335,000 | 453,000 |
| Noninterest expense | 558,000 | 1,184,000 | 1,772,000 | 2,359,000 |
| Provision for loan losses | 0 | 283,000 | 283,000 | 283,000 |
| Pretax income | 614,000 | 986,000 | 1,664,000 | 2,374,000 |
| Income tax | 25,000 | 47,000 | 70,000 | 107,000 |
| Net income | 589,000 | 939,000 | 1,594,000 | 2,267,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,501,000 | 11,521,000 | 11,850,000 | 11,998,000 |
| Total capital | 12,712,000 | 12,762,000 | 13,132,000 | 13,349,000 |
| Risk-weighted assets | 96,455,000 | 98,562,000 | 101,886,000 | 107,581,000 |