Call reports 2007
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2007
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 155,967,000 | 158,048,000 | 165,798,000 | 168,560,000 |
| Total loans | 123,954,000 | 123,200,000 | 119,726,000 | 123,488,000 |
| Allowance for loan losses | 804,000 | 740,000 | 767,000 | 824,000 |
| Securities available for sale | 26,700,000 | 28,914,000 | 30,974,000 | 38,190,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 436,000 | 402,000 | 0 | 0 |
| Total deposits | 138,855,000 | 138,949,000 | 149,247,000 | 147,845,000 |
| Interest-bearing deposits | 119,253,000 | 118,719,000 | 125,758,000 | 123,273,000 |
| Noninterest-bearing deposits | 19,602,000 | 20,230,000 | 23,490,000 | 24,572,000 |
| Equity capital | 11,919,000 | 11,925,000 | 12,830,000 | 14,047,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,767,000 | 5,557,000 | 8,435,000 | 11,386,000 |
| Interest expense | 1,273,000 | 2,587,000 | 3,950,000 | 5,291,000 |
| Net interest income | 1,494,000 | 2,970,000 | 4,485,000 | 6,095,000 |
| Noninterest income | 230,000 | 469,000 | 730,000 | 972,000 |
| Noninterest expense | 749,000 | 1,511,000 | 2,220,000 | 3,017,000 |
| Provision for loan losses | 600,000 | 650,000 | 680,000 | 730,000 |
| Pretax income | 375,000 | 1,237,000 | 2,185,000 | 3,183,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 373,000 | 1,235,000 | 2,183,000 | 3,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,133,000 | 12,501,000 | 13,018,000 | 14,017,000 |
| Total capital | 12,937,000 | 13,241,000 | 13,785,000 | 14,841,000 |
| Risk-weighted assets | 130,216,000 | 133,641,000 | 129,267,000 | 132,538,000 |