Call reports 2009
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2009
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 48,257,000 | 50,066,000 | 49,803,000 | 47,519,000 |
| Total loans | 27,989,000 | 28,070,000 | 29,798,000 | 29,151,000 |
| Allowance for loan losses | 586,000 | 562,000 | 688,000 | 689,000 |
| Securities available for sale | 17,295,000 | 17,620,000 | 16,973,000 | 15,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,374,000 | 40,970,000 | 39,327,000 | 38,608,000 |
| Interest-bearing deposits | 31,988,000 | 32,742,000 | 31,614,000 | 31,815,000 |
| Noninterest-bearing deposits | 7,386,000 | 8,228,000 | 7,713,000 | 6,793,000 |
| Equity capital | 7,318,000 | 7,459,000 | 7,303,000 | 7,341,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 600,000 | 1,179,000 | 1,769,000 | 2,351,000 |
| Interest expense | 167,000 | 317,000 | 463,000 | 603,000 |
| Net interest income | 433,000 | 862,000 | 1,306,000 | 1,748,000 |
| Noninterest income | 52,000 | 109,000 | 239,000 | 307,000 |
| Noninterest expense | 386,000 | 820,000 | 1,152,000 | 1,497,000 |
| Provision for loan losses | 25,000 | 50,000 | 600,000 | 600,000 |
| Pretax income | 77,000 | 104,000 | -173,000 | 9,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 76,000 | 103,000 | -174,000 | 8,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,230,000 | 7,257,000 | 6,980,000 | 7,162,000 |
| Total capital | 7,713,000 | 7,762,000 | 7,486,000 | 7,650,000 |
| Risk-weighted assets | 38,519,000 | 40,304,000 | 40,271,000 | 38,870,000 |