Call reports 2013
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2013
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 166,290,000 | 164,425,000 | 160,496,000 | 158,778,000 |
| Total loans | 114,022,000 | 115,581,000 | 117,713,000 | 117,030,000 |
| Allowance for loan losses | 2,265,000 | 2,515,000 | 2,315,000 | 2,133,000 |
| Securities available for sale | 31,086,000 | 27,948,000 | 24,401,000 | 22,783,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,278,000 | 138,618,000 | 138,196,000 | 136,451,000 |
| Interest-bearing deposits | 117,793,000 | 113,933,000 | 112,077,000 | 110,391,000 |
| Noninterest-bearing deposits | 24,485,000 | 24,685,000 | 26,119,000 | 26,060,000 |
| Equity capital | 18,332,000 | 18,070,000 | 18,278,000 | 18,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,827,000 | 3,663,000 | 5,555,000 | 7,392,000 |
| Interest expense | 222,000 | 439,000 | 636,000 | 793,000 |
| Net interest income | 1,605,000 | 3,224,000 | 4,919,000 | 6,599,000 |
| Noninterest income | 297,000 | 683,000 | 1,008,000 | 1,169,000 |
| Noninterest expense | 1,451,000 | 2,860,000 | 4,309,000 | 5,790,000 |
| Provision for loan losses | 48,000 | 300,000 | 538,000 | 692,000 |
| Pretax income | 403,000 | 747,000 | 1,080,000 | 1,286,000 |
| Income tax | 139,000 | 257,000 | 370,000 | 437,000 |
| Net income | 264,000 | 490,000 | 710,000 | 849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,790,000 | 17,971,000 | 18,190,000 | 18,287,000 |
| Total capital | 19,201,000 | 19,344,000 | 19,571,000 | 19,642,000 |
| Risk-weighted assets | 112,010,000 | 108,691,000 | 109,564,000 | 107,657,000 |