Call reports 2017
FARMERS & MERCHANTS SAVINGS BANK — 2017
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 80,452,000 | 82,831,000 | 81,746,000 | 84,173,000 |
| Total loans | 45,797,000 | 48,386,000 | 48,984,000 | 52,492,000 |
| Allowance for loan losses | 343,000 | 327,000 | 342,000 | 345,000 |
| Securities available for sale | 24,524,000 | 24,526,000 | 22,614,000 | 22,066,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,151,000 | 67,962,000 | 69,678,000 | 67,605,000 |
| Interest-bearing deposits | 56,589,000 | 56,402,000 | 50,215,000 | 56,384,000 |
| Noninterest-bearing deposits | 10,562,000 | 11,560,000 | 19,463,000 | 11,221,000 |
| Equity capital | 11,624,000 | 11,984,000 | 11,864,000 | 11,980,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 674,000 | 1,368,000 | 2,087,000 | 2,807,000 |
| Interest expense | 83,000 | 167,000 | 265,000 | 361,000 |
| Net interest income | 591,000 | 1,201,000 | 1,822,000 | 2,446,000 |
| Noninterest income | 119,000 | 208,000 | 330,000 | 449,000 |
| Noninterest expense | 535,000 | 1,084,000 | 1,622,000 | 2,208,000 |
| Provision for loan losses | 9,000 | 18,000 | 25,000 | 28,000 |
| Pretax income | 159,000 | 300,000 | 521,000 | 675,000 |
| Income tax | 46,000 | 85,000 | 160,000 | 104,000 |
| Net income | 113,000 | 215,000 | 361,000 | 571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,251,000 | 10,370,000 | 10,333,000 | 10,234,000 |
| Total capital | 10,594,000 | 10,697,000 | 10,675,000 | 10,579,000 |
| Risk-weighted assets | 59,799,000 | 62,127,000 | 57,655,000 | 64,975,000 |