Call reports 2023
FARMERS AND MERCHANTS STATE BANK OF BUSHNELL — 2023
What FARMERS AND MERCHANTS STATE BANK OF BUSHNELL 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 | 91,181,000 | 88,746,000 | 89,942,000 | 95,004,000 |
| Total loans | 35,700,000 | 36,879,000 | 38,746,000 | 41,133,000 |
| Allowance for loan losses | 319,000 | 319,000 | 319,000 | 316,000 |
| Securities available for sale | 34,336,000 | 34,739,000 | 34,025,000 | 35,426,000 |
| Securities held to maturity | 534,000 | 287,000 | 35,000 | 34,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,729,000 | 83,418,000 | 84,638,000 | 88,922,000 |
| Interest-bearing deposits | 59,036,000 | 59,194,000 | 61,976,000 | 61,556,000 |
| Noninterest-bearing deposits | 26,693,000 | 24,224,000 | 22,662,000 | 27,366,000 |
| Equity capital | 5,175,000 | 5,257,000 | 5,131,000 | 5,786,000 |
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 | 697,000 | 1,406,000 | 2,157,000 | 2,961,000 |
| Interest expense | 26,000 | 69,000 | 116,000 | 170,000 |
| Net interest income | 671,000 | 1,337,000 | 2,041,000 | 2,791,000 |
| Noninterest income | 242,000 | 487,000 | 654,000 | 910,000 |
| Noninterest expense | 530,000 | 1,072,000 | 1,572,000 | 2,167,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 383,000 | 736,000 | 1,107,000 | 1,518,000 |
| Income tax | 99,000 | 188,000 | 283,000 | 389,000 |
| Net income | 284,000 | 548,000 | 824,000 | 1,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,350,000 | 7,614,000 | 7,690,000 | 7,695,000 |
| Total capital | 7,669,000 | 7,933,000 | 8,009,000 | 8,011,000 |
| Risk-weighted assets | 36,798,000 | 38,264,000 | 40,629,000 | 43,210,000 |