Call reports 2019
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2019
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 198,104,000 | 200,962,000 | 203,742,000 | 206,110,000 |
| Total loans | 143,301,000 | 140,809,000 | 142,058,000 | 145,665,000 |
| Allowance for loan losses | 1,489,000 | 1,519,000 | 1,555,000 | 1,555,000 |
| Securities available for sale | 26,637,000 | 27,118,000 | 28,654,000 | 30,645,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,999,000 | 173,418,000 | 175,439,000 | 176,315,000 |
| Interest-bearing deposits | 137,733,000 | 138,012,000 | 139,484,000 | 142,491,000 |
| Noninterest-bearing deposits | 33,266,000 | 35,406,000 | 35,955,000 | 33,824,000 |
| Equity capital | 25,578,000 | 26,334,000 | 26,995,000 | 27,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,251,000 | 4,550,000 | 6,855,000 | 9,149,000 |
| Interest expense | 255,000 | 533,000 | 842,000 | 1,186,000 |
| Net interest income | 1,996,000 | 4,017,000 | 6,013,000 | 7,963,000 |
| Noninterest income | 426,000 | 910,000 | 1,503,000 | 2,033,000 |
| Noninterest expense | 1,796,000 | 3,569,000 | 5,422,000 | 7,134,000 |
| Provision for loan losses | 40,000 | 108,000 | 169,000 | 232,000 |
| Pretax income | 586,000 | 1,250,000 | 1,925,000 | 2,662,000 |
| Income tax | 143,000 | 304,000 | 448,000 | 638,000 |
| Net income | 443,000 | 946,000 | 1,477,000 | 2,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,697,000 | 26,136,000 | 26,667,000 | 27,214,000 |
| Total capital | 27,186,000 | 27,655,000 | 28,222,000 | 28,769,000 |
| Risk-weighted assets | 136,603,000 | 135,517,000 | 137,170,000 | 139,284,000 |