Call reports 2016
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2016
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 185,928,000 | 183,185,000 | 189,230,000 | 191,138,000 |
| Total loans | 140,994,000 | 140,348,000 | 138,796,000 | 140,338,000 |
| Allowance for loan losses | 1,847,000 | 1,915,000 | 1,752,000 | 1,803,000 |
| Securities available for sale | 17,116,000 | 18,965,000 | 18,377,000 | 23,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,847,000 | 154,617,000 | 160,446,000 | 162,946,000 |
| Interest-bearing deposits | 126,676,000 | 122,831,000 | 125,909,000 | 128,847,000 |
| Noninterest-bearing deposits | 30,171,000 | 31,786,000 | 34,537,000 | 34,099,000 |
| Equity capital | 21,064,000 | 21,331,000 | 21,477,000 | 21,400,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,985,000 | 3,958,000 | 5,906,000 | 7,907,000 |
| Interest expense | 191,000 | 380,000 | 580,000 | 788,000 |
| Net interest income | 1,794,000 | 3,578,000 | 5,326,000 | 7,119,000 |
| Noninterest income | 536,000 | 955,000 | 1,367,000 | 1,793,000 |
| Noninterest expense | 1,732,000 | 3,325,000 | 5,093,000 | 6,788,000 |
| Provision for loan losses | 80,000 | 175,000 | 260,000 | 311,000 |
| Pretax income | 667,000 | 1,182,000 | 1,489,000 | 2,052,000 |
| Income tax | 241,000 | 422,000 | 524,000 | 723,000 |
| Net income | 426,000 | 760,000 | 965,000 | 1,329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,905,000 | 21,141,000 | 21,285,000 | 21,651,000 |
| Total capital | 22,475,000 | 22,662,000 | 22,850,000 | 23,248,000 |
| Risk-weighted assets | 125,324,000 | 121,352,000 | 125,049,000 | 127,554,000 |