Call reports 2007
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2007
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 47,127,000 | 49,791,000 | 50,629,000 | 48,378,000 |
| Total loans | 24,756,000 | 24,161,000 | 28,019,000 | 28,084,000 |
| Allowance for loan losses | 479,000 | 475,000 | 485,000 | 472,000 |
| Securities available for sale | 18,808,000 | 19,894,000 | 20,066,000 | 15,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,738,000 | 41,472,000 | 40,752,000 | 39,732,000 |
| Interest-bearing deposits | 30,243,000 | 31,041,000 | 31,968,000 | 31,279,000 |
| Noninterest-bearing deposits | 8,495,000 | 10,431,000 | 8,784,000 | 8,453,000 |
| Equity capital | 7,030,000 | 6,856,000 | 7,245,000 | 7,342,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 706,000 | 1,441,000 | 2,238,000 | 3,029,000 |
| Interest expense | 256,000 | 513,000 | 777,000 | 1,034,000 |
| Net interest income | 450,000 | 928,000 | 1,461,000 | 1,995,000 |
| Noninterest income | 60,000 | 137,000 | 251,000 | 324,000 |
| Noninterest expense | 340,000 | 674,000 | 999,000 | 1,503,000 |
| Provision for loan losses | 10,000 | 20,000 | 30,000 | 40,000 |
| Pretax income | 163,000 | 374,000 | 686,000 | 779,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 2,000 |
| Net income | 162,000 | 372,000 | 684,000 | 777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,156,000 | 7,085,000 | 7,312,000 | 7,300,000 |
| Total capital | 7,579,000 | 7,512,000 | 7,777,000 | 7,772,000 |
| Risk-weighted assets | 33,748,000 | 34,083,000 | 37,299,000 | 38,024,000 |