Call reports 2024
FARMERS AND MERCHANTS STATE BANK OF APPLETON — 2024
What FARMERS AND MERCHANTS STATE BANK OF APPLETON reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 64,584,000 | 64,340,000 | 60,022,000 | 61,043,000 |
| Total loans | 47,680,000 | 48,540,000 | 48,674,000 | 50,397,000 |
| Allowance for loan losses | 1,023,000 | 1,049,000 | 1,074,000 | 1,102,000 |
| Securities available for sale | 11,944,000 | 10,906,000 | 7,023,000 | 3,791,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,642,000 | 51,102,000 | 49,409,000 | 53,392,000 |
| Interest-bearing deposits | 33,441,000 | 33,617,000 | 32,251,000 | 33,542,000 |
| Noninterest-bearing deposits | 18,201,000 | 17,485,000 | 17,158,000 | 19,850,000 |
| Equity capital | 6,760,000 | 6,982,000 | 7,369,000 | 7,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 839,000 | 1,739,000 | 2,622,000 | 3,505,000 |
| Interest expense | 269,000 | 528,000 | 779,000 | 986,000 |
| Net interest income | 570,000 | 1,211,000 | 1,843,000 | 2,519,000 |
| Noninterest income | 30,000 | 54,000 | 87,000 | 117,000 |
| Noninterest expense | 261,000 | 522,000 | 768,000 | 1,117,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 314,000 | 693,000 | 1,087,000 | 1,419,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 314,000 | 693,000 | 1,087,000 | 1,419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,918,000 | 7,172,000 | 7,416,000 | 7,623,000 |