Call reports 2008
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2008
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 164,622,000 | 162,963,000 | 163,713,000 | 169,497,000 |
| Total loans | 123,961,000 | 120,775,000 | 124,966,000 | 133,375,000 |
| Allowance for loan losses | 885,000 | 1,143,000 | 1,310,000 | 863,000 |
| Securities available for sale | 34,610,000 | 35,040,000 | 32,476,000 | 29,861,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,266,000 | 140,460,000 | 140,729,000 | 142,929,000 |
| Interest-bearing deposits | 121,229,000 | 118,592,000 | 119,946,000 | 121,952,000 |
| Noninterest-bearing deposits | 21,037,000 | 21,868,000 | 20,783,000 | 20,977,000 |
| Equity capital | 13,431,000 | 12,473,000 | 12,936,000 | 14,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,884,000 | 5,570,000 | 8,328,000 | 11,044,000 |
| Interest expense | 1,287,000 | 2,452,000 | 3,544,000 | 4,595,000 |
| Net interest income | 1,597,000 | 3,118,000 | 4,784,000 | 6,449,000 |
| Noninterest income | 227,000 | 442,000 | 714,000 | 981,000 |
| Noninterest expense | 707,000 | 1,435,000 | 2,243,000 | 3,196,000 |
| Provision for loan losses | 60,000 | 330,000 | 540,000 | 600,000 |
| Pretax income | 1,085,000 | 1,831,000 | 2,755,000 | 3,678,000 |
| Income tax | 2,000 | 2,000 | 0 | 0 |
| Net income | 1,083,000 | 1,829,000 | 2,755,000 | 3,678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,185,000 | 13,054,000 | 13,664,000 | 14,587,000 |
| Total capital | 14,070,000 | 14,197,000 | 14,974,000 | 15,450,000 |
| Risk-weighted assets | 132,040,000 | 130,137,000 | 128,825,000 | 136,125,000 |