Call reports 2019
FARMERS & MERCHANTS SAVINGS BANK — 2019
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 87,020,000 | 89,293,000 | 91,615,000 | 92,621,000 |
| Total loans | 58,003,000 | 60,704,000 | 63,932,000 | 65,682,000 |
| Allowance for loan losses | 595,000 | 599,000 | 614,000 | 637,000 |
| Securities available for sale | 17,882,000 | 17,741,000 | 16,856,000 | 16,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,420,000 | 69,032,000 | 71,330,000 | 72,072,000 |
| Interest-bearing deposits | 56,712,000 | 56,240,000 | 57,372,000 | 59,251,000 |
| Noninterest-bearing deposits | 12,708,000 | 12,792,000 | 13,958,000 | 12,821,000 |
| Equity capital | 12,054,000 | 12,447,000 | 12,463,000 | 12,687,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 810,000 | 1,654,000 | 2,541,000 | 3,429,000 |
| Interest expense | 187,000 | 401,000 | 628,000 | 856,000 |
| Net interest income | 623,000 | 1,253,000 | 1,913,000 | 2,573,000 |
| Noninterest income | 69,000 | 139,000 | 214,000 | 290,000 |
| Noninterest expense | 510,000 | 1,023,000 | 1,539,000 | 2,032,000 |
| Provision for loan losses | 5,000 | 9,000 | 24,000 | 44,000 |
| Pretax income | 179,000 | 362,000 | 620,000 | 911,000 |
| Income tax | 40,000 | 77,000 | 128,000 | 192,000 |
| Net income | 139,000 | 285,000 | 492,000 | 719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,445,000 | 10,613,000 | 10,641,000 | 10,889,000 |
| Total capital | 11,040,000 | 11,212,000 | 11,255,000 | 11,526,000 |
| Risk-weighted assets | 69,307,000 | 69,121,000 | 69,936,000 | 72,209,000 |