Call reports 2018
FARMERS & MERCHANTS SAVINGS BANK — 2018
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 84,940,000 | 86,928,000 | 85,780,000 | 87,187,000 |
| Total loans | 52,625,000 | 55,550,000 | 56,496,000 | 59,003,000 |
| Allowance for loan losses | 353,000 | 362,000 | 371,000 | 590,000 |
| Securities available for sale | 21,312,000 | 20,561,000 | 19,261,000 | 18,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,751,000 | 71,705,000 | 68,412,000 | 70,668,000 |
| Interest-bearing deposits | 56,411,000 | 58,317,000 | 55,950,000 | 56,302,000 |
| Noninterest-bearing deposits | 14,340,000 | 13,388,000 | 12,462,000 | 14,366,000 |
| Equity capital | 11,586,000 | 11,685,000 | 11,574,000 | 11,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 737,000 | 1,500,000 | 2,301,000 | 3,116,000 |
| Interest expense | 122,000 | 255,000 | 414,000 | 584,000 |
| Net interest income | 615,000 | 1,245,000 | 1,887,000 | 2,532,000 |
| Noninterest income | 61,000 | 129,000 | 216,000 | 649,000 |
| Noninterest expense | 530,000 | 1,039,000 | 1,545,000 | 2,105,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 250,000 |
| Pretax income | 137,000 | 317,000 | 527,000 | 822,000 |
| Income tax | 22,000 | -219,000 | -167,000 | 187,000 |
| Net income | 115,000 | 536,000 | 694,000 | 635,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,103,000 | 10,265,000 | 10,254,000 | 10,486,000 |
| Total capital | 10,456,000 | 10,627,000 | 10,625,000 | 11,076,000 |
| Risk-weighted assets | 66,191,000 | 70,246,000 | 68,159,000 | 67,642,000 |