Call reports 2014
FARMERS AND MERCHANTS STATE BANK, THE — 2014
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 27,673,000 | 28,080,000 | 26,601,000 | 28,621,000 |
| Total loans | 13,071,000 | 13,503,000 | 13,956,000 | 15,634,000 |
| Allowance for loan losses | 152,000 | 152,000 | 152,000 | 151,000 |
| Securities available for sale | 9,731,000 | 9,501,000 | 9,105,000 | 8,821,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,954,000 | 25,185,000 | 23,670,000 | 25,652,000 |
| Interest-bearing deposits | 20,414,000 | 21,167,000 | 19,992,000 | 20,152,000 |
| Noninterest-bearing deposits | 4,540,000 | 4,018,000 | 3,678,000 | 5,500,000 |
| Equity capital | 2,647,000 | 2,777,000 | 2,821,000 | 2,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 248,000 | 502,000 | 763,000 | 1,021,000 |
| Interest expense | 14,000 | 29,000 | 42,000 | 57,000 |
| Net interest income | 234,000 | 473,000 | 721,000 | 964,000 |
| Noninterest income | 21,000 | 46,000 | 72,000 | 91,000 |
| Noninterest expense | 213,000 | 411,000 | 621,000 | 884,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 42,000 | 108,000 | 172,000 | 171,000 |
| Income tax | 0 | 9,000 | 14,000 | 23,000 |
| Net income | 42,000 | 99,000 | 158,000 | 148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,583,000 | 2,639,000 | 2,699,000 | 2,690,000 |
| Total capital | 2,735,000 | 2,791,000 | 2,851,000 | 2,841,000 |
| Risk-weighted assets | 14,186,000 | 14,617,000 | 14,768,000 | 16,542,000 |