Call reports 2014
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2014
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 166,083,000 | 166,904,000 | 164,179,000 | 163,054,000 |
| Total loans | 120,868,000 | 124,525,000 | 126,322,000 | 130,249,000 |
| Allowance for loan losses | 1,962,000 | 2,124,000 | 2,134,000 | 2,057,000 |
| Securities available for sale | 26,373,000 | 25,999,000 | 25,411,000 | 19,495,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,210,000 | 143,824,000 | 140,757,000 | 139,551,000 |
| Interest-bearing deposits | 117,587,000 | 116,803,000 | 113,914,000 | 115,141,000 |
| Noninterest-bearing deposits | 25,623,000 | 27,021,000 | 26,843,000 | 24,410,000 |
| Equity capital | 18,563,000 | 18,804,000 | 19,009,000 | 19,251,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,821,000 | 3,732,000 | 5,661,000 | 7,584,000 |
| Interest expense | 149,000 | 300,000 | 453,000 | 608,000 |
| Net interest income | 1,672,000 | 3,432,000 | 5,208,000 | 6,976,000 |
| Noninterest income | 290,000 | 531,000 | 781,000 | 1,007,000 |
| Noninterest expense | 1,466,000 | 3,082,000 | 4,690,000 | 6,264,000 |
| Provision for loan losses | 124,000 | 244,000 | 289,000 | 368,000 |
| Pretax income | 372,000 | 751,000 | 1,124,000 | 1,619,000 |
| Income tax | 121,000 | 260,000 | 382,000 | 566,000 |
| Net income | 251,000 | 491,000 | 742,000 | 1,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,538,000 | 18,717,000 | 18,969,000 | 19,200,000 |
| Total capital | 19,913,000 | 20,156,000 | 20,417,000 | 20,647,000 |
| Risk-weighted assets | 109,421,000 | 114,464,000 | 115,132,000 | 115,136,000 |