Call reports 2013
FARMERS & MERCHANTS SAVINGS BANK — 2013
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 104,689,000 | 105,684,000 | 107,056,000 | 107,944,000 |
| Total loans | 62,917,000 | 60,824,000 | 60,441,000 | 60,544,000 |
| Allowance for loan losses | 1,059,000 | 1,059,000 | 1,044,000 | 1,005,000 |
| Securities available for sale | 32,401,000 | 33,577,000 | 36,955,000 | 38,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,089,000 | 87,620,000 | 88,301,000 | 90,241,000 |
| Interest-bearing deposits | 76,969,000 | 78,206,000 | 78,809,000 | 80,647,000 |
| Noninterest-bearing deposits | 9,120,000 | 9,414,000 | 9,492,000 | 9,594,000 |
| Equity capital | 13,917,000 | 13,339,000 | 13,614,000 | 13,705,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,036,000 | 1,971,000 | 2,960,000 | 3,973,000 |
| Interest expense | 254,000 | 491,000 | 732,000 | 953,000 |
| Net interest income | 782,000 | 1,480,000 | 2,228,000 | 3,020,000 |
| Noninterest income | 119,000 | 265,000 | 385,000 | 490,000 |
| Noninterest expense | 658,000 | 1,307,000 | 1,931,000 | 2,560,000 |
| Provision for loan losses | 200,000 | 200,000 | 200,000 | 200,000 |
| Pretax income | 225,000 | 513,000 | 757,000 | 1,031,000 |
| Income tax | 60,000 | 120,000 | 180,000 | 281,000 |
| Net income | 165,000 | 393,000 | 577,000 | 750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,247,000 | 13,398,000 | 13,582,000 | 13,498,000 |
| Total capital | 14,128,000 | 14,283,000 | 14,471,000 | 14,387,000 |
| Risk-weighted assets | 70,308,000 | 70,608,000 | 70,986,000 | 70,995,000 |