Call reports 2017
FARMERS & MERCHANTS STATE BANK — 2017
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 190,011,000 | 191,437,000 | 192,499,000 | 198,052,000 |
| Total loans | 104,966,000 | 109,316,000 | 111,410,000 | 112,719,000 |
| Allowance for loan losses | 1,194,000 | 1,194,000 | 1,188,000 | 1,188,000 |
| Securities available for sale | 71,812,000 | 67,792,000 | 65,796,000 | 64,388,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,940,000 | 166,807,000 | 165,199,000 | 173,982,000 |
| Interest-bearing deposits | 128,038,000 | 134,808,000 | 132,475,000 | 134,402,000 |
| Noninterest-bearing deposits | 36,902,000 | 31,999,000 | 32,724,000 | 39,580,000 |
| Equity capital | 17,622,000 | 18,059,000 | 18,375,000 | 17,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,593,000 | 3,253,000 | 4,959,000 | 6,651,000 |
| Interest expense | 151,000 | 310,000 | 474,000 | 642,000 |
| Net interest income | 1,442,000 | 2,943,000 | 4,485,000 | 6,009,000 |
| Noninterest income | 165,000 | 369,000 | 536,000 | 697,000 |
| Noninterest expense | 958,000 | 1,921,000 | 2,903,000 | 3,928,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 648,000 | 1,399,000 | 2,121,000 | 2,780,000 |
| Income tax | 163,000 | 361,000 | 550,000 | 807,000 |
| Net income | 485,000 | 1,038,000 | 1,571,000 | 1,973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,548,000 | 17,653,000 | 18,021,000 | 17,861,000 |
| Total capital | 18,742,000 | 18,847,000 | 19,209,000 | 19,049,000 |
| Risk-weighted assets | 137,721,000 | 139,705,000 | 136,219,000 | 140,008,000 |