Call reports 2014
FARMERS AND MINERS BANK — 2014
What FARMERS AND MINERS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 134,865,000 | 133,250,000 | 134,203,000 | 135,905,000 |
| Total loans | 58,464,000 | 59,085,000 | 59,471,000 | 62,246,000 |
| Allowance for loan losses | 1,640,000 | 1,681,000 | 1,645,000 | 1,771,000 |
| Securities available for sale | 12,457,000 | 13,971,000 | 13,701,000 | 10,357,000 |
| Securities held to maturity | 20,504,000 | 20,709,000 | 20,944,000 | 20,728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,103,000 | 115,376,000 | 115,895,000 | 118,121,000 |
| Interest-bearing deposits | 88,590,000 | 87,010,000 | 86,983,000 | 87,927,000 |
| Noninterest-bearing deposits | 28,513,000 | 28,366,000 | 28,912,000 | 30,194,000 |
| Equity capital | 17,155,000 | 17,435,000 | 17,621,000 | 17,432,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,510,000 | 3,065,000 | 4,574,000 | 6,222,000 |
| Interest expense | 92,000 | 182,000 | 270,000 | 356,000 |
| Net interest income | 1,418,000 | 2,883,000 | 4,304,000 | 5,866,000 |
| Noninterest income | 214,000 | 431,000 | 646,000 | 878,000 |
| Noninterest expense | 1,232,000 | 2,484,000 | 3,728,000 | 4,986,000 |
| Provision for loan losses | 0 | 0 | 0 | 140,000 |
| Pretax income | 395,000 | 825,000 | 1,232,000 | 1,629,000 |
| Income tax | 102,000 | 208,000 | 308,000 | 512,000 |
| Net income | 293,000 | 617,000 | 924,000 | 1,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,377,000 | 17,551,000 | 17,707,000 | 17,451,000 |
| Total capital | 18,158,000 | 18,337,000 | 18,511,000 | 18,278,000 |
| Risk-weighted assets | 61,606,000 | 61,979,000 | 63,511,000 | 65,186,000 |