Call reports 2018
FARMERS & MERCHANTS STATE BANK — 2018
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 197,971,000 | 186,452,000 | 189,692,000 | 197,121,000 |
| Total loans | 111,005,000 | 111,823,000 | 113,770,000 | 115,689,000 |
| Allowance for loan losses | 1,188,000 | 1,188,000 | 1,188,000 | 1,233,000 |
| Securities available for sale | 62,647,000 | 57,463,000 | 56,210,000 | 56,784,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,086,000 | 163,515,000 | 166,403,000 | 173,757,000 |
| Interest-bearing deposits | 136,405,000 | 128,092,000 | 129,927,000 | 131,715,000 |
| Noninterest-bearing deposits | 38,681,000 | 35,423,000 | 36,476,000 | 42,042,000 |
| Equity capital | 17,895,000 | 17,997,000 | 18,245,000 | 18,538,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,674,000 | 3,428,000 | 5,202,000 | 7,027,000 |
| Interest expense | 167,000 | 356,000 | 572,000 | 805,000 |
| Net interest income | 1,507,000 | 3,072,000 | 4,630,000 | 6,222,000 |
| Noninterest income | 184,000 | 366,000 | 544,000 | 703,000 |
| Noninterest expense | 998,000 | 2,046,000 | 3,022,000 | 4,016,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 693,000 | 1,391,000 | 2,151,000 | 2,858,000 |
| Income tax | 123,000 | 251,000 | 395,000 | 523,000 |
| Net income | 570,000 | 1,140,000 | 1,756,000 | 2,335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,268,000 | 18,391,000 | 18,841,000 | 18,859,000 |
| Total capital | 19,456,000 | 19,579,000 | 20,029,000 | 20,092,000 |
| Risk-weighted assets | 138,188,000 | 133,310,000 | 135,235,000 | 138,438,000 |