Call reports 2019
FARMERS AND MERCHANTS STATE BANK — 2019
What FARMERS AND MERCHANTS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 113,225,000 | 113,912,000 | 113,684,000 | 113,017,000 |
| Total loans | 94,852,000 | 96,405,000 | 95,852,000 | 98,704,000 |
| Allowance for loan losses | 2,237,000 | 1,591,000 | 1,578,000 | 1,485,000 |
| Securities available for sale | 7,190,000 | 6,908,000 | 6,480,000 | 6,948,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,700,000 | 100,992,000 | 100,167,000 | 99,739,000 |
| Interest-bearing deposits | 85,112,000 | 83,824,000 | 81,754,000 | 80,519,000 |
| Noninterest-bearing deposits | 15,588,000 | 17,168,000 | 18,413,000 | 19,220,000 |
| Equity capital | 11,965,000 | 12,273,000 | 12,759,000 | 12,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,453,000 | 3,010,000 | 4,583,000 | 6,044,000 |
| Interest expense | 345,000 | 698,000 | 1,064,000 | 1,404,000 |
| Net interest income | 1,108,000 | 2,312,000 | 3,519,000 | 4,640,000 |
| Noninterest income | 100,000 | 260,000 | 397,000 | 530,000 |
| Noninterest expense | 579,000 | 1,185,000 | 1,786,000 | 2,366,000 |
| Provision for loan losses | 336,000 | 586,000 | 586,000 | 686,000 |
| Pretax income | 293,000 | 801,000 | 1,544,000 | 2,118,000 |
| Income tax | 20,000 | 43,000 | 74,000 | 101,000 |
| Net income | 273,000 | 758,000 | 1,470,000 | 2,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,025,000 | 12,264,000 | 12,730,000 | 12,579,000 |
| Total capital | 13,372,000 | 13,604,000 | 14,067,000 | 13,909,000 |
| Risk-weighted assets | 106,898,000 | 107,018,000 | 106,791,000 | 106,246,000 |