Call reports 2017
FARMERS & MERCHANTS STATE BANK, THE — 2017
What FARMERS & MERCHANTS STATE BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,047,181,000 | 1,044,005,000 | 1,066,938,000 | 1,082,413,000 |
| Total loans | 772,273,000 | 792,504,000 | 797,352,000 | 824,245,000 |
| Allowance for loan losses | 6,850,000 | 6,858,000 | 6,870,000 | 6,868,000 |
| Securities available for sale | 188,393,000 | 175,809,000 | 173,107,000 | 177,454,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 896,743,000 | 878,037,000 | 903,839,000 | 919,617,000 |
| Interest-bearing deposits | 716,538,000 | 687,705,000 | 713,403,000 | 720,226,000 |
| Noninterest-bearing deposits | 180,205,000 | 190,332,000 | 190,436,000 | 199,391,000 |
| Equity capital | 105,029,000 | 108,043,000 | 109,052,000 | 109,679,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 9,642,000 | 19,685,000 | 30,131,000 | 40,907,000 |
| Interest expense | 1,179,000 | 2,432,000 | 3,765,000 | 5,127,000 |
| Net interest income | 8,463,000 | 17,253,000 | 26,366,000 | 35,780,000 |
| Noninterest income | 2,477,000 | 5,132,000 | 7,690,000 | 10,370,000 |
| Noninterest expense | 7,048,000 | 14,022,000 | 21,321,000 | 28,518,000 |
| Provision for loan losses | 73,000 | 98,000 | 197,000 | 222,000 |
| Pretax income | 3,850,000 | 8,312,000 | 12,585,000 | 17,457,000 |
| Income tax | 1,206,000 | 2,595,000 | 3,957,000 | 5,599,000 |
| Net income | 2,644,000 | 5,717,000 | 8,628,000 | 11,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,060,000 | 103,998,000 | 105,341,000 | 107,006,000 |
| Total capital | 109,129,000 | 111,075,000 | 112,439,000 | 114,101,000 |
| Risk-weighted assets | 835,192,000 | 852,584,000 | 873,288,000 | 888,722,000 |