Call reports 2020
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2020
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 216,224,000 | 234,773,000 | 253,934,000 | 253,779,000 |
| Total loans | 146,656,000 | 163,135,000 | 171,521,000 | 171,517,000 |
| Allowance for loan losses | 1,536,000 | 1,995,000 | 2,093,000 | 1,636,000 |
| Securities available for sale | 32,065,000 | 31,356,000 | 29,846,000 | 36,794,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,698,000 | 204,775,000 | 223,276,000 | 222,628,000 |
| Interest-bearing deposits | 150,962,000 | 157,311,000 | 172,771,000 | 173,847,000 |
| Noninterest-bearing deposits | 35,736,000 | 47,464,000 | 50,505,000 | 48,781,000 |
| Equity capital | 28,206,000 | 29,072,000 | 29,628,000 | 30,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,488,000 | 4,126,000 | 6,383,000 | 8,737,000 |
| Interest expense | 354,000 | 695,000 | 1,030,000 | 1,308,000 |
| Net interest income | 1,134,000 | 3,431,000 | 5,353,000 | 7,429,000 |
| Noninterest income | 635,000 | 1,180,000 | 1,820,000 | 2,001,000 |
| Noninterest expense | 1,078,000 | 2,843,000 | 4,599,000 | 6,673,000 |
| Provision for loan losses | 44,000 | 506,000 | 607,000 | 152,000 |
| Pretax income | 647,000 | 1,262,000 | 1,967,000 | 2,605,000 |
| Income tax | 156,000 | 303,000 | 467,000 | 606,000 |
| Net income | 491,000 | 959,000 | 1,500,000 | 1,999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,615,000 | 28,083,000 | 28,624,000 | 29,124,000 |
| Total capital | 29,151,000 | 30,031,000 | 30,686,000 | 30,760,000 |
| Risk-weighted assets | 143,015,000 | 155,854,000 | 164,993,000 | 176,585,000 |