Call reports 2017
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2017
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 62,759,000 | 68,837,000 | 69,346,000 | 68,997,000 |
| Total loans | 30,476,000 | 32,975,000 | 33,875,000 | 33,608,000 |
| Allowance for loan losses | 503,000 | 510,000 | 515,000 | 503,000 |
| Securities available for sale | 20,412,000 | 21,462,000 | 25,051,000 | 25,297,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,069,000 | 59,090,000 | 59,409,000 | 55,184,000 |
| Interest-bearing deposits | 33,340,000 | 37,540,000 | 35,821,000 | 34,731,000 |
| Noninterest-bearing deposits | 19,729,000 | 21,550,000 | 23,588,000 | 20,453,000 |
| Equity capital | 8,817,000 | 8,868,000 | 9,044,000 | 8,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 504,000 | 1,051,000 | 1,643,000 | 2,251,000 |
| Interest expense | 70,000 | 144,000 | 230,000 | 319,000 |
| Net interest income | 434,000 | 907,000 | 1,413,000 | 1,932,000 |
| Noninterest income | 56,000 | 120,000 | 179,000 | 246,000 |
| Noninterest expense | 369,000 | 761,000 | 1,126,000 | 1,593,000 |
| Provision for loan losses | 5,000 | 10,000 | 15,000 | 20,000 |
| Pretax income | 117,000 | 259,000 | 476,000 | 590,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 116,000 | 258,000 | 475,000 | 589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,977,000 | 8,868,000 | 9,044,000 | 9,197,000 |
| Total capital | 9,430,000 | 9,356,000 | 9,549,000 | 9,688,000 |
| Risk-weighted assets | 36,202,000 | 39,012,000 | 40,366,000 | 39,266,000 |