Call reports 2011
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2011
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 49,977,000 | 52,025,000 | 53,518,000 | 54,192,000 |
| Total loans | 26,509,000 | 25,785,000 | 26,567,000 | 27,517,000 |
| Allowance for loan losses | 551,000 | 552,000 | 567,000 | 437,000 |
| Securities available for sale | 17,948,000 | 20,526,000 | 21,043,000 | 21,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,262,000 | 43,038,000 | 44,442,000 | 43,582,000 |
| Interest-bearing deposits | 33,299,000 | 34,752,000 | 35,615,000 | 34,444,000 |
| Noninterest-bearing deposits | 7,963,000 | 8,286,000 | 8,827,000 | 9,138,000 |
| Equity capital | 7,633,000 | 7,880,000 | 8,087,000 | 8,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 559,000 | 1,075,000 | 1,596,000 | 2,148,000 |
| Interest expense | 106,000 | 209,000 | 312,000 | 415,000 |
| Net interest income | 453,000 | 866,000 | 1,284,000 | 1,733,000 |
| Noninterest income | 70,000 | 133,000 | 202,000 | 274,000 |
| Noninterest expense | 358,000 | 720,000 | 1,084,000 | 1,515,000 |
| Provision for loan losses | 20,000 | 50,000 | 80,000 | 80,000 |
| Pretax income | 145,000 | 229,000 | 317,000 | 407,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 145,000 | 229,000 | 317,000 | 406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,413,000 | 7,497,000 | 7,585,000 | 7,675,000 |
| Total capital | 7,906,000 | 7,993,000 | 8,089,000 | 8,112,000 |
| Risk-weighted assets | 39,411,000 | 39,636,000 | 40,624,000 | 42,049,000 |