Call reports 2020
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2020
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 62,268,000 | 69,435,000 | 73,573,000 | 76,201,000 |
| Total loans | 30,615,000 | 32,695,000 | 32,334,000 | 30,042,000 |
| Allowance for loan losses | 448,000 | 455,000 | 460,000 | 508,000 |
| Securities available for sale | 22,488,000 | 25,115,000 | 30,063,000 | 37,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,548,000 | 57,494,000 | 61,508,000 | 64,095,000 |
| Interest-bearing deposits | 30,673,000 | 34,356,000 | 44,221,000 | 47,261,000 |
| Noninterest-bearing deposits | 19,875,000 | 23,138,000 | 17,287,000 | 16,834,000 |
| Equity capital | 10,520,000 | 10,812,000 | 10,791,000 | 10,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 598,000 | 1,171,000 | 1,756,000 | 2,408,000 |
| Interest expense | 105,000 | 200,000 | 290,000 | 372,000 |
| Net interest income | 493,000 | 971,000 | 1,466,000 | 2,036,000 |
| Noninterest income | 8,000 | 102,000 | 155,000 | 215,000 |
| Noninterest expense | 404,000 | 787,000 | 1,185,000 | 1,715,000 |
| Provision for loan losses | 5,000 | 10,000 | 15,000 | 65,000 |
| Pretax income | 92,000 | 246,000 | 390,000 | 456,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 91,000 | 245,000 | 389,000 | 455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,456,000 | 10,140,000 | 10,004,000 | 10,071,000 |
| Total capital | 9,903,000 | 10,591,000 | 10,462,000 | 10,546,000 |
| Risk-weighted assets | 35,782,000 | 35,976,000 | 36,615,000 | 37,985,000 |