Call reports 2018
FARMERS-MERCHANTS NATIONAL BANK OF PAXTON — 2018
What FARMERS-MERCHANTS NATIONAL BANK OF PAXTON reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Total assets | 114,627,000 | 111,773,000 | 109,874,000 |
| Total loans | 33,595,000 | 34,684,000 | 35,393,000 |
| Allowance for loan losses | 580,000 | 581,000 | 410,000 |
| Securities available for sale | 69,833,000 | 68,856,000 | 66,304,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 100,757,000 | 97,599,000 | 95,673,000 |
| Interest-bearing deposits | 82,100,000 | 80,039,000 | 77,999,000 |
| Noninterest-bearing deposits | 18,657,000 | 17,560,000 | 17,674,000 |
| Equity capital | 13,123,000 | 13,467,000 | 13,711,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Interest income | 840,000 | 1,732,000 | 2,666,000 |
| Interest expense | 74,000 | 152,000 | 231,000 |
| Net interest income | 766,000 | 1,580,000 | 2,435,000 |
| Noninterest income | 171,000 | 538,000 | 700,000 |
| Noninterest expense | 636,000 | 1,306,000 | 1,908,000 |
| Provision for loan losses | 0 | 0 | -170,000 |
| Pretax income | 340,000 | 864,000 | 1,448,000 |
| Income tax | 53,000 | 171,000 | 250,000 |
| Net income | 287,000 | 693,000 | 1,198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Tier 1 capital | 13,635,000 | 14,042,000 | 14,547,000 |
| Total capital | 14,215,000 | 14,622,000 | 14,957,000 |
| Risk-weighted assets | 47,433,000 | 47,323,000 | 62,319,000 |