Call reports 2023
FARMERS AND MERCHANTS STATE BANK OF APPLETON — 2023
What FARMERS AND MERCHANTS STATE BANK OF APPLETON reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 62,787,000 | 60,082,000 | 61,549,000 | 65,676,000 |
| Total loans | 40,740,000 | 42,516,000 | 45,405,000 | 48,615,000 |
| Allowance for loan losses | 827,000 | 855,000 | 905,000 | 998,000 |
| Securities available for sale | 13,086,000 | 13,219,000 | 13,058,000 | 13,154,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,190,000 | 53,321,000 | 51,243,000 | 51,725,000 |
| Interest-bearing deposits | 34,565,000 | 32,773,000 | 32,172,000 | 34,120,000 |
| Noninterest-bearing deposits | 21,625,000 | 20,548,000 | 19,071,000 | 17,605,000 |
| Equity capital | 6,578,000 | 6,724,000 | 6,752,000 | 7,147,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 711,000 | 1,452,000 | 2,187,000 | 3,012,000 |
| Interest expense | 56,000 | 143,000 | 257,000 | 464,000 |
| Net interest income | 655,000 | 1,309,000 | 1,930,000 | 2,548,000 |
| Noninterest income | 29,000 | 98,000 | 125,000 | 152,000 |
| Noninterest expense | 267,000 | 550,000 | 805,000 | 1,129,000 |
| Provision for loan losses | 25,000 | 50,000 | 100,000 | 200,000 |
| Pretax income | 392,000 | 807,000 | 1,150,000 | 1,371,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 392,000 | 807,000 | 1,150,000 | 1,371,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,770,000 | 7,030,000 | 7,208,000 | 7,294,000 |