Call reports 2023
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2023
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 79,035,000 | 77,533,000 | 78,944,000 | 80,842,000 |
| Total loans | 33,753,000 | 34,085,000 | 36,134,000 | 36,715,000 |
| Allowance for loan losses | 535,000 | 540,000 | 536,000 | 554,000 |
| Securities available for sale | 38,531,000 | 37,168,000 | 35,216,000 | 37,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,573,000 | 68,603,000 | 71,436,000 | 71,935,000 |
| Interest-bearing deposits | 51,227,000 | 49,419,000 | 50,932,000 | 51,968,000 |
| Noninterest-bearing deposits | 18,346,000 | 19,184,000 | 20,504,000 | 19,967,000 |
| Equity capital | 4,752,000 | 4,280,000 | 2,976,000 | 5,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 747,000 | 1,519,000 | 2,348,000 | 3,207,000 |
| Interest expense | 232,000 | 510,000 | 826,000 | 1,186,000 |
| Net interest income | 515,000 | 1,009,000 | 1,522,000 | 2,021,000 |
| Noninterest income | 59,000 | 119,000 | 179,000 | 240,000 |
| Noninterest expense | 439,000 | 895,000 | 1,272,000 | 1,833,000 |
| Provision for loan losses | 5,000 | 10,000 | 15,000 | 35,000 |
| Pretax income | 161,000 | 272,000 | 478,000 | 513,000 |
| Income tax | -7,000 | -4,000 | 7,000 | 17,000 |
| Net income | 168,000 | 276,000 | 471,000 | 496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,959,000 | 10,791,000 | 10,987,000 | 11,011,000 |
| Total capital | 11,494,000 | 11,331,000 | 11,478,000 | 11,565,000 |
| Risk-weighted assets | 44,494,000 | 46,189,000 | 39,219,000 | 47,490,000 |