Call reports 2016
FARMERS AND MERCHANTS STATE BANK, THE — 2016
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 28,098,000 | 28,797,000 | 27,464,000 | 28,466,000 |
| Total loans | 16,400,000 | 17,672,000 | 17,634,000 | 16,529,000 |
| Allowance for loan losses | 167,000 | 167,000 | 167,000 | 167,000 |
| Securities available for sale | 6,567,000 | 6,177,000 | 5,837,000 | 5,372,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,059,000 | 25,675,000 | 24,273,000 | 25,443,000 |
| Interest-bearing deposits | 20,411,000 | 21,175,000 | 20,604,000 | 21,281,000 |
| Noninterest-bearing deposits | 4,648,000 | 4,500,000 | 3,669,000 | 4,162,000 |
| Equity capital | 2,937,000 | 2,998,000 | 3,061,000 | 2,940,000 |
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 | 260,000 | 535,000 | 819,000 | 1,099,000 |
| Interest expense | 13,000 | 28,000 | 42,000 | 59,000 |
| Net interest income | 247,000 | 507,000 | 777,000 | 1,040,000 |
| Noninterest income | 19,000 | 37,000 | 54,000 | 76,000 |
| Noninterest expense | 207,000 | 425,000 | 635,000 | 895,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 59,000 | 119,000 | 196,000 | 221,000 |
| Income tax | 0 | 25,000 | 38,000 | 85,000 |
| Net income | 59,000 | 94,000 | 158,000 | 136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,808,000 | 2,846,000 | 2,909,000 | 2,887,000 |
| Total capital | 2,975,000 | 3,013,000 | 3,076,000 | 3,054,000 |
| Risk-weighted assets | 16,610,000 | 20,536,000 | 20,406,000 | 20,439,000 |