Call reports 2016
FARMERS & MERCHANTS STATE BANK — 2016
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 191,235,000 | 193,284,000 | 191,819,000 | 199,994,000 |
| Total loans | 107,273,000 | 106,732,000 | 106,964,000 | 108,392,000 |
| Allowance for loan losses | 1,194,000 | 1,194,000 | 1,194,000 | 1,194,000 |
| Securities available for sale | 62,166,000 | 65,089,000 | 64,237,000 | 65,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,990,000 | 163,479,000 | 161,838,000 | 171,014,000 |
| Interest-bearing deposits | 130,074,000 | 128,698,000 | 128,901,000 | 134,655,000 |
| Noninterest-bearing deposits | 32,917,000 | 34,781,000 | 32,937,000 | 36,359,000 |
| Equity capital | 22,908,000 | 23,254,000 | 23,525,000 | 22,637,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,636,000 | 3,261,000 | 4,885,000 | 6,541,000 |
| Interest expense | 166,000 | 328,000 | 493,000 | 657,000 |
| Net interest income | 1,470,000 | 2,933,000 | 4,392,000 | 5,884,000 |
| Noninterest income | 169,000 | 352,000 | 511,000 | 685,000 |
| Noninterest expense | 980,000 | 1,930,000 | 2,887,000 | 3,918,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 671,000 | 1,367,000 | 2,028,000 | 2,663,000 |
| Income tax | 172,000 | 354,000 | 523,000 | 670,000 |
| Net income | 499,000 | 1,013,000 | 1,505,000 | 1,993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,351,000 | 22,464,000 | 22,915,000 | 22,795,000 |
| Total capital | 23,545,000 | 23,658,000 | 24,109,000 | 23,989,000 |
| Risk-weighted assets | 133,703,000 | 135,373,000 | 136,756,000 | 138,478,000 |