Call reports 2015
FARMERS-MERCHANTS NATIONAL BANK OF PAXTON — 2015
What FARMERS-MERCHANTS NATIONAL BANK OF PAXTON 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 | 111,940,000 | 113,122,000 | 116,186,000 | 114,202,000 |
| Total loans | 35,120,000 | 34,121,000 | 34,586,000 | 33,980,000 |
| Allowance for loan losses | 898,000 | 819,000 | 878,000 | 881,000 |
| Securities available for sale | 70,790,000 | 69,067,000 | 67,872,000 | 73,993,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,469,000 | 99,102,000 | 101,575,000 | 94,549,000 |
| Interest-bearing deposits | 82,688,000 | 84,203,000 | 86,379,000 | 79,184,000 |
| Noninterest-bearing deposits | 14,781,000 | 14,899,000 | 15,196,000 | 15,365,000 |
| Equity capital | 13,752,000 | 13,286,000 | 13,870,000 | 13,760,000 |
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 | 792,000 | 1,626,000 | 2,393,000 | 3,283,000 |
| Interest expense | 56,000 | 112,000 | 170,000 | 232,000 |
| Net interest income | 736,000 | 1,514,000 | 2,223,000 | 3,051,000 |
| Noninterest income | 123,000 | 272,000 | 446,000 | 587,000 |
| Noninterest expense | 614,000 | 1,221,000 | 1,818,000 | 2,448,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 280,000 | 720,000 | 1,026,000 | 1,377,000 |
| Income tax | 37,000 | 129,000 | 162,000 | 220,000 |
| Net income | 243,000 | 591,000 | 864,000 | 1,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,749,000 | 12,843,000 | 13,114,000 | 13,112,000 |
| Total capital | 13,374,000 | 13,490,000 | 13,719,000 | 13,711,000 |
| Risk-weighted assets | 49,728,000 | 51,585,000 | 48,096,000 | 47,601,000 |