Call reports 2020
FARMERS & MERCHANTS SAVINGS BANK — 2020
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 91,075,000 | 95,712,000 | 93,603,000 | 91,529,000 |
| Total loans | 64,774,000 | 69,257,000 | 69,204,000 | 65,440,000 |
| Allowance for loan losses | 652,000 | 786,000 | 801,000 | 807,000 |
| Securities available for sale | 15,769,000 | 15,798,000 | 15,008,000 | 14,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,134,000 | 74,729,000 | 71,815,000 | 70,770,000 |
| Interest-bearing deposits | 57,139,000 | 57,412,000 | 54,830,000 | 54,721,000 |
| Noninterest-bearing deposits | 13,995,000 | 17,317,000 | 16,985,000 | 16,049,000 |
| Equity capital | 12,213,000 | 13,140,000 | 13,089,000 | 13,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 895,000 | 1,744,000 | 2,564,000 | 3,385,000 |
| Interest expense | 202,000 | 380,000 | 532,000 | 668,000 |
| Net interest income | 693,000 | 1,364,000 | 2,032,000 | 2,717,000 |
| Noninterest income | 66,000 | 330,000 | 434,000 | 515,000 |
| Noninterest expense | 510,000 | 979,000 | 1,456,000 | 1,937,000 |
| Provision for loan losses | 15,000 | 149,000 | 164,000 | 170,000 |
| Pretax income | 234,000 | 566,000 | 856,000 | 1,135,000 |
| Income tax | 50,000 | 124,000 | 187,000 | 250,000 |
| Net income | 184,000 | 442,000 | 669,000 | 885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,843,000 | 11,123,000 | 11,122,000 | 11,359,000 |
| Total capital | 11,495,000 | — | 11,923,000 | 12,166,000 |
| Risk-weighted assets | 70,814,000 | — | 75,257,000 | 73,066,000 |