Call reports 2010
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2010
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 48,456,000 | 51,399,000 | 52,269,000 | 51,294,000 |
| Total loans | 28,276,000 | 28,194,000 | 27,874,000 | 28,515,000 |
| Allowance for loan losses | 559,000 | 619,000 | 677,000 | 519,000 |
| Securities available for sale | 14,941,000 | 18,202,000 | 19,407,000 | 18,922,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,954,000 | 41,708,000 | 42,095,000 | 41,636,000 |
| Interest-bearing deposits | 31,149,000 | 33,529,000 | 34,474,000 | 33,746,000 |
| Noninterest-bearing deposits | 7,805,000 | 8,179,000 | 7,621,000 | 7,890,000 |
| Equity capital | 7,415,000 | 7,577,000 | 7,800,000 | 7,490,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 520,000 | 1,065,000 | 1,604,000 | 2,153,000 |
| Interest expense | 129,000 | 258,000 | 386,000 | 506,000 |
| Net interest income | 391,000 | 807,000 | 1,218,000 | 1,647,000 |
| Noninterest income | 57,000 | 113,000 | 227,000 | 280,000 |
| Noninterest expense | 388,000 | 795,000 | 1,147,000 | 1,595,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 225,000 |
| Pretax income | 15,000 | 35,000 | 163,000 | 107,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 14,000 | 34,000 | 162,000 | 106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,176,000 | 7,196,000 | 7,324,000 | 7,268,000 |
| Total capital | 7,672,000 | 7,703,000 | 7,840,000 | 7,786,000 |
| Risk-weighted assets | 39,607,000 | 40,453,000 | 41,102,000 | 41,464,000 |