Call reports 2020
FARMERS AND MERCHANTS STATE BANK OF APPLETON — 2020
What FARMERS AND MERCHANTS STATE BANK OF APPLETON reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 50,731,000 | 51,307,000 | 52,921,000 | 54,890,000 |
| Total loans | 33,809,000 | 40,415,000 | 40,962,000 | 38,158,000 |
| Allowance for loan losses | 736,000 | 760,000 | 782,000 | 741,000 |
| Securities available for sale | 4,601,000 | 4,790,000 | 4,743,000 | 4,644,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,321,000 | 44,554,000 | 46,053,000 | 47,921,000 |
| Interest-bearing deposits | 32,677,000 | 30,852,000 | 32,366,000 | 31,542,000 |
| Noninterest-bearing deposits | 11,644,000 | 13,702,000 | 13,687,000 | 16,379,000 |
| Equity capital | 6,388,000 | 6,717,000 | 6,841,000 | 6,859,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 517,000 | 1,025,000 | 1,548,000 | 2,045,000 |
| Interest expense | 58,000 | 110,000 | 148,000 | 183,000 |
| Net interest income | 459,000 | 915,000 | 1,400,000 | 1,862,000 |
| Noninterest income | 27,000 | 166,000 | 197,000 | 160,000 |
| Noninterest expense | 253,000 | 503,000 | 749,000 | 1,059,000 |
| Provision for loan losses | 50,000 | 75,000 | 100,000 | 110,000 |
| Pretax income | 183,000 | 503,000 | 748,000 | 853,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 183,000 | 503,000 | 748,000 | 853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,284,000 | 6,533,000 | 6,649,000 | 6,653,000 |
| Total capital | 6,790,000 | — | 7,234,000 | — |
| Risk-weighted assets | 40,266,000 | — | 46,665,000 | — |