Call reports 2024
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2024
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 80,118,000 | 77,203,000 | 77,972,000 | 75,021,000 |
| Total loans | 36,656,000 | 35,623,000 | 34,822,000 | 34,770,000 |
| Allowance for loan losses | 554,000 | 575,000 | 357,000 | 777,000 |
| Securities available for sale | 36,426,000 | 35,396,000 | 36,273,000 | 34,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,059,000 | 70,330,000 | 67,687,000 | 67,269,000 |
| Interest-bearing deposits | 52,808,000 | 50,851,000 | 49,352,000 | 49,148,000 |
| Noninterest-bearing deposits | 19,251,000 | 19,479,000 | 18,335,000 | 18,121,000 |
| Equity capital | 5,023,000 | 4,906,000 | 6,429,000 | 4,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 869,000 | 1,713,000 | 2,611,000 | 3,466,000 |
| Interest expense | 391,000 | 756,000 | 1,131,000 | 1,498,000 |
| Net interest income | 478,000 | 957,000 | 1,480,000 | 1,968,000 |
| Noninterest income | 60,000 | 122,000 | 190,000 | 260,000 |
| Noninterest expense | 269,000 | 722,000 | 1,084,000 | 1,620,000 |
| Provision for loan losses | 0 | 20,000 | 47,000 | 467,000 |
| Pretax income | 278,000 | 313,000 | 529,000 | 145,000 |
| Income tax | -3,000 | -3,000 | -3,000 | -3,000 |
| Net income | 281,000 | 316,000 | 532,000 | 148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,045,000 | 11,079,000 | 11,297,000 | 10,911,000 |
| Total capital | 11,599,000 | 11,652,000 | 11,654,000 | 11,463,000 |
| Risk-weighted assets | 47,853,000 | 45,719,000 | 44,950,000 | 43,955,000 |