Call reports 2019
FARMERS & MERCHANTS STATE BANK — 2019
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 195,469,000 | 198,167,000 | 188,403,000 | 197,139,000 |
| Total loans | 115,511,000 | 119,417,000 | 119,592,000 | 121,090,000 |
| Allowance for loan losses | 1,333,000 | 1,227,000 | 1,210,000 | 1,260,000 |
| Securities available for sale | 56,457,000 | 54,837,000 | 50,926,000 | 49,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,338,000 | 173,819,000 | 163,294,000 | 172,761,000 |
| Interest-bearing deposits | 132,659,000 | 137,521,000 | 126,701,000 | 132,890,000 |
| Noninterest-bearing deposits | 38,679,000 | 36,298,000 | 36,593,000 | 39,871,000 |
| Equity capital | 19,250,000 | 19,637,000 | 19,572,000 | 19,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,822,000 | 3,713,000 | 5,619,000 | 7,463,000 |
| Interest expense | 255,000 | 528,000 | 806,000 | 1,066,000 |
| Net interest income | 1,567,000 | 3,185,000 | 4,813,000 | 6,397,000 |
| Noninterest income | 152,000 | 327,000 | 496,000 | 657,000 |
| Noninterest expense | 1,003,000 | 2,001,000 | 2,989,000 | 3,972,000 |
| Provision for loan losses | 100,000 | 200,000 | 200,000 | 250,000 |
| Pretax income | 616,000 | 1,341,000 | 2,150,000 | 2,860,000 |
| Income tax | 109,000 | 247,000 | 410,000 | 548,000 |
| Net income | 507,000 | 1,094,000 | 1,740,000 | 2,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,185,000 | 19,340,000 | 19,221,000 | 19,158,000 |
| Total capital | 20,518,000 | 20,567,000 | 20,431,000 | 20,418,000 |
| Risk-weighted assets | 137,950,000 | 139,186,000 | 137,555,000 | 141,622,000 |