Call reports 2016
MERCHANTS AND FARMERS BANK — 2016
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 112,509,000 | 119,539,000 | 135,342,000 | 127,813,000 |
| Total loans | 79,868,000 | 91,408,000 | 103,675,000 | 91,230,000 |
| Allowance for loan losses | 1,116,000 | 1,106,000 | 1,132,000 | 1,137,000 |
| Securities available for sale | 17,034,000 | 16,326,000 | 14,836,000 | 14,434,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,793,000 | 98,185,000 | 103,112,000 | 110,158,000 |
| Interest-bearing deposits | 77,556,000 | 76,914,000 | 80,759,000 | 85,560,000 |
| Noninterest-bearing deposits | 21,237,000 | 21,271,000 | 22,353,000 | 24,598,000 |
| Equity capital | 12,513,000 | 12,732,000 | 13,003,000 | 12,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,187,000 | 2,440,000 | 3,837,000 | 5,199,000 |
| Interest expense | 81,000 | 159,000 | 251,000 | 354,000 |
| Net interest income | 1,106,000 | 2,281,000 | 3,586,000 | 4,845,000 |
| Noninterest income | 240,000 | 479,000 | 731,000 | 1,000,000 |
| Noninterest expense | 991,000 | 2,096,000 | 3,154,000 | 4,287,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 310,000 | 574,000 | 1,046,000 | 1,397,000 |
| Income tax | 93,000 | 171,000 | 337,000 | 423,000 |
| Net income | 217,000 | 403,000 | 709,000 | 974,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,399,000 | 12,585,000 | 12,892,000 | 12,657,000 |
| Total capital | 13,515,000 | 13,691,000 | 14,024,000 | 13,794,000 |
| Risk-weighted assets | 93,247,000 | 101,604,000 | 115,005,000 | 104,761,000 |