Call reports 2018
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2018
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 195,540,000 | 194,530,000 | 194,421,000 | 191,723,000 |
| Total loans | 141,742,000 | 145,574,000 | 142,096,000 | 143,220,000 |
| Allowance for loan losses | 1,726,000 | 1,740,000 | 1,756,000 | 1,449,000 |
| Securities available for sale | 25,109,000 | 24,988,000 | 24,823,000 | 26,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,395,000 | 166,618,000 | 168,419,000 | 163,195,000 |
| Interest-bearing deposits | 137,907,000 | 134,646,000 | 130,940,000 | 130,002,000 |
| Noninterest-bearing deposits | 31,488,000 | 31,972,000 | 37,479,000 | 33,193,000 |
| Equity capital | 23,041,000 | 23,462,000 | 23,876,000 | 24,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,130,000 | 4,309,000 | 6,535,000 | 8,879,000 |
| Interest expense | 209,000 | 432,000 | 669,000 | 914,000 |
| Net interest income | 1,921,000 | 3,877,000 | 5,866,000 | 7,965,000 |
| Noninterest income | 481,000 | 970,000 | 1,487,000 | 1,900,000 |
| Noninterest expense | 1,714,000 | 3,462,000 | 5,229,000 | 6,949,000 |
| Provision for loan losses | 17,000 | 40,000 | 60,000 | 92,000 |
| Pretax income | 671,000 | 1,345,000 | 2,064,000 | 2,824,000 |
| Income tax | 213,000 | 376,000 | 556,000 | 692,000 |
| Net income | 458,000 | 969,000 | 1,508,000 | 2,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,581,000 | 24,094,000 | 24,632,000 | 25,255,000 |
| Total capital | 25,281,000 | 25,820,000 | 26,349,000 | 26,704,000 |
| Risk-weighted assets | 136,047,000 | 138,137,000 | 137,380,000 | 136,186,000 |