Call reports 2016
MERCHANTS & FARMERS BANK OF GREENE COUNTY — 2016
What MERCHANTS & FARMERS BANK OF GREENE COUNTY 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 | 68,214,000 | 66,434,000 | 62,585,000 | 62,050,000 |
| Total loans | 30,623,000 | 31,219,000 | 30,928,000 | 32,657,000 |
| Allowance for loan losses | 227,000 | 242,000 | 269,000 | 229,000 |
| Securities available for sale | 23,010,000 | 22,874,000 | 21,952,000 | 20,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,671,000 | 57,493,000 | 53,504,000 | 55,425,000 |
| Interest-bearing deposits | 33,228,000 | 39,890,000 | 35,601,000 | 38,831,000 |
| Noninterest-bearing deposits | 26,443,000 | 17,603,000 | 17,903,000 | 16,594,000 |
| Equity capital | 6,334,000 | 6,694,000 | 6,796,000 | 6,508,000 |
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 | 622,000 | 1,294,000 | 1,965,000 | 2,649,000 |
| Interest expense | 34,000 | 113,000 | 166,000 | 217,000 |
| Net interest income | 588,000 | 1,181,000 | 1,799,000 | 2,432,000 |
| Noninterest income | 178,000 | 363,000 | 533,000 | 724,000 |
| Noninterest expense | 650,000 | 1,268,000 | 1,908,000 | 2,537,000 |
| Provision for loan losses | 91,000 | 91,000 | 91,000 | 116,000 |
| Pretax income | 25,000 | 185,000 | 333,000 | 503,000 |
| Income tax | 1,000 | 11,000 | 19,000 | 14,000 |
| Net income | 24,000 | 174,000 | 314,000 | 489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,733,000 | 5,882,000 | 6,022,000 | 6,196,000 |
| Total capital | 5,960,000 | 6,124,000 | 6,291,000 | 6,425,000 |
| Risk-weighted assets | 34,260,000 | 33,694,000 | 33,886,000 | 35,314,000 |