Call reports 2018
MERCHANTS & FARMERS BANK OF GREENE COUNTY — 2018
What MERCHANTS & FARMERS BANK OF GREENE COUNTY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 60,530,000 | 59,536,000 | 60,473,000 | 66,542,000 |
| Total loans | 34,651,000 | 37,030,000 | 40,375,000 | 42,421,000 |
| Allowance for loan losses | 601,000 | 591,000 | 477,000 | 418,000 |
| Securities available for sale | 16,113,000 | 15,447,000 | 13,749,000 | 13,211,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,682,000 | 52,572,000 | 52,127,000 | 59,350,000 |
| Interest-bearing deposits | 34,705,000 | 33,936,000 | 33,148,000 | 38,542,000 |
| Noninterest-bearing deposits | 18,977,000 | 18,636,000 | 18,979,000 | 20,808,000 |
| Equity capital | 6,660,000 | 6,746,000 | 6,864,000 | 6,901,000 |
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 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 712,000 | 1,485,000 | 2,320,000 | 3,122,000 |
| Interest expense | 29,000 | 61,000 | 99,000 | 155,000 |
| Net interest income | 683,000 | 1,424,000 | 2,221,000 | 2,967,000 |
| Noninterest income | 176,000 | 356,000 | 521,000 | 751,000 |
| Noninterest expense | 787,000 | 1,571,000 | 2,321,000 | 3,120,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 72,000 | 209,000 | 421,000 | 598,000 |
| Income tax | 3,000 | 8,000 | 25,000 | 14,000 |
| Net income | 69,000 | 201,000 | 396,000 | 584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,604,000 | 6,736,000 | 6,931,000 | 6,918,000 |
| Total capital | 7,060,000 | 7,227,000 | 7,408,000 | 7,336,000 |
| Risk-weighted assets | 36,323,000 | 39,175,000 | 41,231,000 | 44,245,000 |