Call reports 2024
FARMERS AND MERCHANTS STATE BANK OF BUSHNELL — 2024
What FARMERS AND MERCHANTS STATE BANK OF BUSHNELL 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 | 89,923,000 | 85,061,000 | 87,987,000 | 89,852,000 |
| Total loans | 39,350,000 | 39,407,000 | 40,368,000 | 43,110,000 |
| Allowance for loan losses | 316,000 | 316,000 | 316,000 | 316,000 |
| Securities available for sale | 36,359,000 | 35,981,000 | 34,729,000 | 33,058,000 |
| Securities held to maturity | 32,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,477,000 | 77,670,000 | 80,675,000 | 83,010,000 |
| Interest-bearing deposits | 59,478,000 | 58,239,000 | 61,955,000 | 59,217,000 |
| Noninterest-bearing deposits | 23,999,000 | 19,431,000 | 18,720,000 | 23,793,000 |
| Equity capital | 6,022,000 | 6,277,000 | 7,095,000 | 6,508,000 |
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 | 815,000 | 1,616,000 | 2,423,000 | 3,290,000 |
| Interest expense | 84,000 | 175,000 | 279,000 | 394,000 |
| Net interest income | 731,000 | 1,441,000 | 2,144,000 | 2,896,000 |
| Noninterest income | 249,000 | 512,000 | 698,000 | 979,000 |
| Noninterest expense | 544,000 | 1,123,000 | 1,680,000 | 2,320,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 436,000 | 817,000 | 1,149,000 | 1,542,000 |
| Income tax | 114,000 | 212,000 | 296,000 | 398,000 |
| Net income | 322,000 | 605,000 | 853,000 | 1,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,018,000 | 8,100,000 | 8,148,000 | 8,139,000 |
| Total capital | 8,334,000 | 8,416,000 | 8,464,000 | 8,455,000 |
| Risk-weighted assets | 42,033,000 | 41,461,000 | 41,378,000 | 44,236,000 |