Call reports 2013
FARMERS & MERCHANTS STATE BANK — 2013
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 178,549,000 | 175,824,000 | 177,105,000 | 186,931,000 |
| Total loans | 97,792,000 | 101,816,000 | 102,345,000 | 103,873,000 |
| Allowance for loan losses | 1,177,000 | 1,151,000 | 1,151,000 | 1,151,000 |
| Securities available for sale | 68,768,000 | 64,274,000 | 62,522,000 | 63,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,739,000 | 149,267,000 | 151,772,000 | 161,821,000 |
| Interest-bearing deposits | 124,772,000 | 123,916,000 | 127,345,000 | 128,583,000 |
| Noninterest-bearing deposits | 27,967,000 | 25,351,000 | 24,427,000 | 33,238,000 |
| Equity capital | 19,968,000 | 19,066,000 | 19,857,000 | 19,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,663,000 | 3,342,000 | 5,008,000 | 6,687,000 |
| Interest expense | 306,000 | 580,000 | 849,000 | 1,108,000 |
| Net interest income | 1,357,000 | 2,762,000 | 4,159,000 | 5,579,000 |
| Noninterest income | 201,000 | 431,000 | 611,000 | 802,000 |
| Noninterest expense | 884,000 | 1,770,000 | 2,647,000 | 3,601,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 687,000 | 1,465,000 | 2,165,000 | 2,822,000 |
| Income tax | 168,000 | 373,000 | 552,000 | 712,000 |
| Net income | 519,000 | 1,092,000 | 1,613,000 | 2,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,901,000 | 19,074,000 | 19,595,000 | 19,528,000 |
| Total capital | 20,078,000 | 20,225,000 | 20,746,000 | 20,679,000 |
| Risk-weighted assets | 119,690,000 | 122,205,000 | 122,347,000 | 124,608,000 |