Call reports 2014
FARMERS & MERCHANTS STATE BANK, THE — 2014
What FARMERS & MERCHANTS STATE BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 949,483,000 | 933,041,000 | 910,045,000 | 924,386,000 |
| Total loans | 582,872,000 | 597,839,000 | 608,604,000 | 621,926,000 |
| Allowance for loan losses | 5,325,000 | 5,663,000 | 5,916,000 | 5,905,000 |
| Securities available for sale | 292,744,000 | 269,605,000 | 238,054,000 | 233,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 790,768,000 | 761,459,000 | 745,408,000 | 762,851,000 |
| Interest-bearing deposits | 674,860,000 | 645,702,000 | 624,803,000 | 598,551,000 |
| Noninterest-bearing deposits | 115,908,000 | 115,758,000 | 120,605,000 | 164,300,000 |
| Equity capital | 93,225,000 | 95,323,000 | 96,564,000 | 97,831,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,106,000 | 16,356,000 | 24,773,000 | 33,239,000 |
| Interest expense | 944,000 | 1,914,000 | 2,809,000 | 3,716,000 |
| Net interest income | 7,162,000 | 14,442,000 | 21,964,000 | 29,523,000 |
| Noninterest income | 2,007,000 | 4,313,000 | 6,694,000 | 9,189,000 |
| Noninterest expense | 5,970,000 | 11,756,000 | 18,070,000 | 24,142,000 |
| Provision for loan losses | 428,000 | 872,000 | 1,154,000 | 1,191,000 |
| Pretax income | 2,893,000 | 6,429,000 | 9,928,000 | 13,873,000 |
| Income tax | 914,000 | 1,847,000 | 2,875,000 | 4,067,000 |
| Net income | 1,979,000 | 4,582,000 | 7,053,000 | 9,806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,105,000 | 89,528,000 | 91,144,000 | 92,042,000 |
| Total capital | 93,609,000 | 95,377,000 | 97,256,000 | 98,154,000 |
| Risk-weighted assets | 663,555,000 | 669,143,000 | 673,221,000 | 683,876,000 |