Call reports 2009
FARMERS & MERCHANTS SAVINGS BANK — 2009
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 120,738,000 | 119,218,000 | 117,004,000 | 114,208,000 |
| Total loans | 74,830,000 | 75,412,000 | 74,578,000 | 72,379,000 |
| Allowance for loan losses | 1,403,000 | 1,526,000 | 1,576,000 | 1,977,000 |
| Securities available for sale | 27,860,000 | 27,149,000 | 27,180,000 | 30,241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,644,000 | 84,557,000 | 82,080,000 | 81,823,000 |
| Interest-bearing deposits | 78,813,000 | 77,627,000 | 74,835,000 | 74,069,000 |
| Noninterest-bearing deposits | 6,831,000 | 6,930,000 | 7,245,000 | 7,754,000 |
| Equity capital | 12,957,000 | 12,766,000 | 12,938,000 | 12,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,650,000 | 3,264,000 | 4,769,000 | 6,251,000 |
| Interest expense | 850,000 | 1,655,000 | 2,375,000 | 3,035,000 |
| Net interest income | 800,000 | 1,609,000 | 2,394,000 | 3,216,000 |
| Noninterest income | 69,000 | 167,000 | 269,000 | -299,000 |
| Noninterest expense | 638,000 | 1,398,000 | 2,178,000 | 2,688,000 |
| Provision for loan losses | 75,000 | 450,000 | 579,000 | 980,000 |
| Pretax income | 276,000 | 269,000 | 398,000 | 18,000 |
| Income tax | 24,000 | 48,000 | 72,000 | -93,000 |
| Net income | 252,000 | 221,000 | 326,000 | 111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,705,000 | 12,597,000 | 12,623,000 | 12,331,000 |
| Total capital | 13,774,000 | 13,650,000 | 13,633,000 | 13,297,000 |
| Risk-weighted assets | 85,177,000 | 83,797,000 | 80,271,000 | 76,282,000 |