Call reports 2016
FARMERS-MERCHANTS NATIONAL BANK OF PAXTON — 2016
What FARMERS-MERCHANTS NATIONAL BANK OF PAXTON reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 113,384,000 | 120,061,000 | 117,103,000 | 115,239,000 |
| Total loans | 34,430,000 | 33,523,000 | 33,178,000 | 33,767,000 |
| Allowance for loan losses | 787,000 | 790,000 | 757,000 | 677,000 |
| Securities available for sale | 72,928,000 | 74,251,000 | 74,540,000 | 74,291,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,899,000 | 104,643,000 | 101,828,000 | 96,047,000 |
| Interest-bearing deposits | 81,032,000 | 88,924,000 | 86,343,000 | 79,337,000 |
| Noninterest-bearing deposits | 14,867,000 | 15,719,000 | 15,485,000 | 16,710,000 |
| Equity capital | 14,066,000 | 14,722,000 | 14,628,000 | 12,949,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 767,000 | 1,587,000 | 2,403,000 | 3,226,000 |
| Interest expense | 60,000 | 122,000 | 181,000 | 242,000 |
| Net interest income | 707,000 | 1,465,000 | 2,222,000 | 2,984,000 |
| Noninterest income | 211,000 | 371,000 | 510,000 | 653,000 |
| Noninterest expense | 640,000 | 1,276,000 | 1,898,000 | 2,533,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 284,000 | 586,000 | 927,000 | 1,147,000 |
| Income tax | 35,000 | 81,000 | 130,000 | 133,000 |
| Net income | 249,000 | 505,000 | 797,000 | 1,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,161,000 | 13,168,000 | 13,459,000 | 13,175,000 |
| Total capital | 13,763,000 | 13,762,000 | 14,056,000 | 13,782,000 |
| Risk-weighted assets | 48,082,000 | 47,343,000 | 47,605,000 | 48,493,000 |