Call reports 2015
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2015
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 171,303,000 | 174,373,000 | 176,540,000 | 177,738,000 |
| Total loans | 134,361,000 | 135,020,000 | 139,318,000 | 138,641,000 |
| Allowance for loan losses | 1,996,000 | 2,045,000 | 2,105,000 | 1,785,000 |
| Securities available for sale | 18,455,000 | 21,644,000 | 19,797,000 | 20,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,193,000 | 150,414,000 | 147,823,000 | 149,253,000 |
| Interest-bearing deposits | 119,890,000 | 119,686,000 | 116,648,000 | 118,648,000 |
| Noninterest-bearing deposits | 27,303,000 | 30,728,000 | 31,175,000 | 30,605,000 |
| Equity capital | 19,766,000 | 19,741,000 | 20,339,000 | 20,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,911,000 | 3,850,000 | 5,878,000 | 7,840,000 |
| Interest expense | 163,000 | 337,000 | 525,000 | 715,000 |
| Net interest income | 1,748,000 | 3,513,000 | 5,353,000 | 7,125,000 |
| Noninterest income | 339,000 | 720,000 | 1,155,000 | 1,582,000 |
| Noninterest expense | 1,590,000 | 3,230,000 | 4,824,000 | 6,381,000 |
| Provision for loan losses | 49,000 | 109,000 | 158,000 | 221,000 |
| Pretax income | 448,000 | 932,000 | 1,608,000 | 2,199,000 |
| Income tax | 149,000 | 316,000 | 557,000 | 760,000 |
| Net income | 299,000 | 616,000 | 1,051,000 | 1,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,499,000 | 19,737,000 | 20,172,000 | 20,481,000 |
| Total capital | 20,991,000 | 21,254,000 | 21,718,000 | 22,020,000 |
| Risk-weighted assets | 118,910,000 | 120,846,000 | 123,178,000 | 122,895,000 |