Call reports 2019
FARMERS AND MERCHANTS STATE BANK, THE — 2019
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 29,287,000 | 29,119,000 | 29,150,000 | 29,776,000 |
| Total loans | 15,021,000 | 14,221,000 | 13,984,000 | 14,161,000 |
| Allowance for loan losses | 190,000 | 190,000 | 190,000 | 179,000 |
| Securities available for sale | 7,391,000 | 10,198,000 | 10,926,000 | 10,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,039,000 | 25,627,000 | 25,554,000 | 26,236,000 |
| Interest-bearing deposits | 21,668,000 | 21,725,000 | 21,176,000 | 22,005,000 |
| Noninterest-bearing deposits | 4,371,000 | 3,902,000 | 4,378,000 | 4,231,000 |
| Equity capital | 3,172,000 | 3,292,000 | 3,379,000 | 3,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 303,000 | 615,000 | 922,000 | 1,207,000 |
| Interest expense | 38,000 | 81,000 | 124,000 | 166,000 |
| Net interest income | 265,000 | 534,000 | 798,000 | 1,041,000 |
| Noninterest income | 18,000 | 41,000 | 59,000 | 105,000 |
| Noninterest expense | 209,000 | 446,000 | 683,000 | 959,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 49,000 | 104,000 | 149,000 | 162,000 |
| Income tax | 0 | 0 | 0 | 32,000 |
| Net income | 49,000 | 104,000 | 149,000 | 130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,154,000 | 3,210,000 | 3,255,000 | 3,238,000 |
| Total capital | 3,344,000 | 3,400,000 | 3,445,000 | 3,417,000 |
| Risk-weighted assets | 18,201,000 | 17,231,000 | 16,071,000 | 17,032,000 |