Call reports 2015
FARMERS & MERCHANTS SAVINGS BANK — 2015
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 99,941,000 | 96,829,000 | 96,759,000 | 93,816,000 |
| Total loans | 49,251,000 | 49,414,000 | 50,280,000 | 50,815,000 |
| Allowance for loan losses | 16,000 | 50,000 | 77,000 | 103,000 |
| Securities available for sale | 33,027,000 | 30,176,000 | 29,521,000 | 28,976,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,693,000 | 78,909,000 | 77,604,000 | 79,347,000 |
| Interest-bearing deposits | 75,402,000 | 68,684,000 | 67,711,000 | 68,729,000 |
| Noninterest-bearing deposits | 9,291,000 | 10,225,000 | 9,893,000 | 10,618,000 |
| Equity capital | 10,911,000 | 10,814,000 | 10,864,000 | 11,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,643,000 | 2,446,000 | 3,457,000 |
| Interest expense | 150,000 | 283,000 | 408,000 | 524,000 |
| Net interest income | 644,000 | 1,360,000 | 2,038,000 | 2,933,000 |
| Noninterest income | 62,000 | 126,000 | 211,000 | 558,000 |
| Noninterest expense | 570,000 | 1,109,000 | 1,645,000 | 2,173,000 |
| Provision for loan losses | 0 | 32,000 | 41,000 | 50,000 |
| Pretax income | 136,000 | 357,000 | 573,000 | 1,278,000 |
| Income tax | 43,000 | 107,000 | 178,000 | 443,000 |
| Net income | 93,000 | 250,000 | 395,000 | 835,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,342,000 | 9,542,000 | 9,571,000 | 10,020,000 |
| Total capital | 9,358,000 | 9,592,000 | 9,648,000 | 10,123,000 |
| Risk-weighted assets | 64,306,000 | 65,689,000 | 66,449,000 | 66,443,000 |