Call reports 2017
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2017
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 194,433,000 | 194,159,000 | 194,737,000 | 189,938,000 |
| Total loans | 141,108,000 | 140,086,000 | 140,430,000 | 141,653,000 |
| Allowance for loan losses | 1,771,000 | 1,773,000 | 1,767,000 | 1,710,000 |
| Securities available for sale | 23,226,000 | 24,752,000 | 24,401,000 | 24,582,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,044,000 | 167,382,000 | 168,547,000 | 163,765,000 |
| Interest-bearing deposits | 134,644,000 | 132,321,000 | 132,255,000 | 131,685,000 |
| Noninterest-bearing deposits | 33,400,000 | 35,061,000 | 36,292,000 | 32,080,000 |
| Equity capital | 21,842,000 | 22,363,000 | 22,767,000 | 22,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,956,000 | 3,986,000 | 6,042,000 | 8,183,000 |
| Interest expense | 207,000 | 407,000 | 616,000 | 823,000 |
| Net interest income | 1,749,000 | 3,579,000 | 5,426,000 | 7,360,000 |
| Noninterest income | 366,000 | 781,000 | 1,257,000 | 1,721,000 |
| Noninterest expense | 1,644,000 | 3,286,000 | 4,900,000 | 6,616,000 |
| Provision for loan losses | 2,000 | 4,000 | 38,000 | 52,000 |
| Pretax income | 510,000 | 1,146,000 | 1,825,000 | 2,493,000 |
| Income tax | 181,000 | 406,000 | 645,000 | 894,000 |
| Net income | 329,000 | 740,000 | 1,180,000 | 1,599,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,979,000 | 22,360,000 | 22,799,000 | 23,124,000 |
| Total capital | 23,536,000 | 24,020,000 | 24,473,000 | 24,812,000 |
| Risk-weighted assets | 124,401,000 | 132,713,000 | 133,831,000 | 135,034,000 |