Call reports 2017
FARMERS-MERCHANTS NATIONAL BANK OF PAXTON — 2017
What FARMERS-MERCHANTS NATIONAL BANK OF PAXTON reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 117,311,000 | 118,562,000 | 120,142,000 | 112,462,000 |
| Total loans | 33,215,000 | 35,497,000 | 35,480,000 | 35,830,000 |
| Allowance for loan losses | 678,000 | 669,000 | 601,000 | 602,000 |
| Securities available for sale | 74,270,000 | 75,198,000 | 73,403,000 | 70,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,229,000 | 104,011,000 | 105,276,000 | 97,071,000 |
| Interest-bearing deposits | 85,362,000 | 87,687,000 | 88,613,000 | 79,992,000 |
| Noninterest-bearing deposits | 17,867,000 | 16,324,000 | 16,663,000 | 17,079,000 |
| Equity capital | 13,463,000 | 13,986,000 | 14,215,000 | 13,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 812,000 | 1,661,000 | 2,532,000 | 3,365,000 |
| Interest expense | 61,000 | 126,000 | 197,000 | 269,000 |
| Net interest income | 751,000 | 1,535,000 | 2,335,000 | 3,096,000 |
| Noninterest income | 129,000 | 282,000 | 428,000 | 541,000 |
| Noninterest expense | 654,000 | 1,293,000 | 1,920,000 | 2,539,000 |
| Provision for loan losses | 0 | 0 | 6,000 | 38,000 |
| Pretax income | 219,000 | 584,000 | 928,000 | 1,153,000 |
| Income tax | 2,000 | 62,000 | 115,000 | 187,000 |
| Net income | 217,000 | 522,000 | 813,000 | 966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,393,000 | 13,448,000 | 13,739,000 | 13,349,000 |
| Total capital | 13,994,000 | 14,078,000 | 14,340,000 | 13,951,000 |
| Risk-weighted assets | 48,034,000 | 50,362,000 | 49,418,000 | 49,400,000 |