Call reports 2015
MERCHANTS AND FARMERS BANK — 2015
What MERCHANTS AND FARMERS 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 | 114,062,000 | 115,107,000 | 118,891,000 | 114,085,000 |
| Total loans | 69,476,000 | 81,941,000 | 88,728,000 | 79,122,000 |
| Allowance for loan losses | 965,000 | 1,011,000 | 1,053,000 | 1,100,000 |
| Securities available for sale | 23,653,000 | 22,876,000 | 18,741,000 | 17,813,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,051,000 | 97,256,000 | 97,110,000 | 100,691,000 |
| Interest-bearing deposits | 76,775,000 | 76,429,000 | 76,756,000 | 78,436,000 |
| Noninterest-bearing deposits | 24,276,000 | 20,827,000 | 20,354,000 | 22,255,000 |
| Equity capital | 12,077,000 | 11,904,000 | 12,215,000 | 12,249,000 |
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 | 1,029,000 | 2,209,000 | 3,535,000 | 4,772,000 |
| Interest expense | 78,000 | 156,000 | 239,000 | 318,000 |
| Net interest income | 951,000 | 2,053,000 | 3,296,000 | 4,454,000 |
| Noninterest income | 232,000 | 448,000 | 663,000 | 914,000 |
| Noninterest expense | 959,000 | 1,942,000 | 2,994,000 | 4,015,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 179,000 | 469,000 | 831,000 | 1,174,000 |
| Income tax | 52,000 | 136,000 | 241,000 | 351,000 |
| Net income | 127,000 | 333,000 | 590,000 | 823,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,936,000 | 11,892,000 | 12,149,000 | 12,183,000 |
| Total capital | 12,901,000 | 12,903,000 | 13,202,000 | 13,273,000 |
| Risk-weighted assets | 80,149,000 | 89,174,000 | 96,404,000 | 87,207,000 |