Call reports 2020
FARMERS AND MERCHANTS STATE BANK, THE — 2020
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 30,118,000 | 33,816,000 | 32,538,000 | 34,947,000 |
| Total loans | 13,904,000 | 14,838,000 | 13,537,000 | 12,488,000 |
| Allowance for loan losses | 203,000 | 183,000 | 171,000 | 179,000 |
| Securities available for sale | 11,777,000 | 11,298,000 | 11,695,000 | 13,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,401,000 | 30,014,000 | 28,800,000 | 31,226,000 |
| Interest-bearing deposits | 22,122,000 | 25,417,000 | 24,074,000 | 25,000,000 |
| Noninterest-bearing deposits | 4,280,000 | 4,597,000 | 4,726,000 | 6,226,000 |
| Equity capital | 3,496,000 | 3,580,000 | 3,548,000 | 3,546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 288,000 | 550,000 | 779,000 | 1,018,000 |
| Interest expense | 38,000 | 72,000 | 102,000 | 124,000 |
| Net interest income | 250,000 | 478,000 | 677,000 | 894,000 |
| Noninterest income | 24,000 | 76,000 | 92,000 | 107,000 |
| Noninterest expense | 212,000 | 434,000 | 652,000 | 900,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 45,000 |
| Pretax income | 37,000 | 95,000 | 92,000 | 56,000 |
| Income tax | 0 | 0 | 39,000 | 7,000 |
| Net income | 37,000 | 95,000 | 53,000 | 49,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,227,000 | 3,285,000 | 3,242,000 | 3,239,000 |