Call reports 2010
FARMERS AND MERCHANTS STATE BANK, THE — 2010
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Total assets | 21,863,000 | 22,239,000 |
| Total loans | 8,865,000 | 9,363,000 |
| Allowance for loan losses | 214,000 | 163,000 |
| Securities available for sale | 10,056,000 | 9,173,000 |
| Securities held to maturity | 535,000 | 524,000 |
| Trading assets | 0 | 0 |
| Total deposits | 16,698,000 | 17,067,000 |
| Interest-bearing deposits | 13,946,000 | 13,877,000 |
| Noninterest-bearing deposits | 2,752,000 | 3,190,000 |
| Equity capital | 2,143,000 | 2,145,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Interest income | 263,000 | 521,000 |
| Interest expense | 65,000 | 134,000 |
| Net interest income | 198,000 | 387,000 |
| Noninterest income | 38,000 | 76,000 |
| Noninterest expense | 162,000 | 330,000 |
| Provision for loan losses | 50,000 | 50,000 |
| Pretax income | 24,000 | 83,000 |
| Income tax | 0 | 0 |
| Net income | 24,000 | 83,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Tier 1 capital | 1,935,000 | 1,900,000 |
| Total capital | 2,089,000 | 2,055,000 |
| Risk-weighted assets | 12,238,000 | 12,364,000 |