Call reports 2018
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2018
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 66,953,000 | 64,804,000 | 64,071,000 | 61,696,000 |
| Total loans | 32,442,000 | 31,088,000 | 31,822,000 | 29,734,000 |
| Allowance for loan losses | 513,000 | 520,000 | 385,000 | 412,000 |
| Securities available for sale | 24,844,000 | 24,171,000 | 23,295,000 | 22,945,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,329,000 | 54,879,000 | 52,360,000 | 51,848,000 |
| Interest-bearing deposits | 36,341,000 | 33,109,000 | 32,710,000 | 31,836,000 |
| Noninterest-bearing deposits | 20,988,000 | 21,770,000 | 19,650,000 | 20,012,000 |
| Equity capital | 8,715,000 | 8,550,000 | 8,515,000 | 8,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 606,000 | 1,204,000 | 1,814,000 | 2,424,000 |
| Interest expense | 89,000 | 179,000 | 285,000 | 393,000 |
| Net interest income | 517,000 | 1,025,000 | 1,529,000 | 2,031,000 |
| Noninterest income | 61,000 | 119,000 | 192,000 | 254,000 |
| Noninterest expense | 368,000 | 707,000 | 1,080,000 | 1,520,000 |
| Provision for loan losses | 10,000 | 70,000 | 110,000 | 140,000 |
| Pretax income | 200,000 | 367,000 | 531,000 | 625,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 199,000 | 366,000 | 530,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,396,000 | 9,267,000 | 9,432,000 | 9,526,000 |
| Total capital | 9,870,000 | 9,729,000 | 9,817,000 | 9,938,000 |
| Risk-weighted assets | 37,915,000 | 36,866,000 | 37,154,000 | 35,088,000 |