Call reports 2018
FARMERS AND MERCHANTS STATE BANK, THE — 2018
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 27,712,000 | 27,380,000 | 27,290,000 | 28,332,000 |
| Total loans | 17,872,000 | 17,244,000 | 18,093,000 | 16,619,000 |
| Allowance for loan losses | 164,000 | 164,000 | 164,000 | 163,000 |
| Securities available for sale | 8,169,000 | 7,913,000 | 7,558,000 | 7,417,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,714,000 | 24,346,000 | 23,498,000 | 25,259,000 |
| Interest-bearing deposits | 20,622,000 | 20,696,000 | 19,773,000 | 20,989,000 |
| Noninterest-bearing deposits | 4,092,000 | 3,650,000 | 3,725,000 | 4,270,000 |
| Equity capital | 2,969,000 | 3,004,000 | 2,996,000 | 3,038,000 |
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 | 303,000 | 609,000 | 925,000 | 1,241,000 |
| Interest expense | 21,000 | 45,000 | 71,000 | 106,000 |
| Net interest income | 282,000 | 564,000 | 854,000 | 1,135,000 |
| Noninterest income | 24,000 | 46,000 | 67,000 | 89,000 |
| Noninterest expense | 216,000 | 437,000 | 668,000 | 956,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 173,000 | 253,000 | 268,000 |
| Income tax | 0 | 33,000 | 50,000 | 80,000 |
| Net income | 90,000 | 140,000 | 203,000 | 188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,056,000 | 3,106,000 | 3,169,000 | 3,226,000 |
| Total capital | 3,220,000 | 3,270,000 | 3,333,000 | 3,389,000 |
| Risk-weighted assets | 20,916,000 | 20,663,000 | 20,197,000 | 19,217,000 |