Call reports 2013
FARMERS AND MERCHANTS STATE BANK, THE — 2013
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 26,069,000 | 25,626,000 | 26,155,000 | 29,685,000 |
| Total loans | 10,397,000 | 12,686,000 | 13,459,000 | 14,035,000 |
| Allowance for loan losses | 152,000 | 152,000 | 152,000 | 152,000 |
| Securities available for sale | 12,238,000 | 11,118,000 | 10,529,000 | 10,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,224,000 | 23,049,000 | 22,481,000 | 27,031,000 |
| Interest-bearing deposits | 19,295,000 | 19,083,000 | 19,031,000 | 19,612,000 |
| Noninterest-bearing deposits | 3,929,000 | 3,966,000 | 3,450,000 | 7,419,000 |
| Equity capital | 2,679,000 | 2,544,000 | 2,660,000 | 2,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 202,000 | 453,000 | 706,000 | 964,000 |
| Interest expense | 18,000 | 35,000 | 52,000 | 70,000 |
| Net interest income | 184,000 | 418,000 | 654,000 | 894,000 |
| Noninterest income | 24,000 | 59,000 | 83,000 | 109,000 |
| Noninterest expense | 212,000 | 419,000 | 620,000 | 866,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -4,000 | 58,000 | 117,000 | 137,000 |
| Income tax | 0 | 0 | 0 | 34,000 |
| Net income | -4,000 | 58,000 | 117,000 | 103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,471,000 | 2,532,000 | 2,591,000 | 2,578,000 |
| Total capital | 2,623,000 | 2,684,000 | 2,743,000 | 2,730,000 |
| Risk-weighted assets | 12,307,000 | 13,221,000 | 14,086,000 | 15,522,000 |