Call reports 2011
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2011
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 165,870,000 | 164,770,000 | 169,671,000 | 177,173,000 |
| Total loans | 125,778,000 | 122,584,000 | 122,529,000 | 126,331,000 |
| Allowance for loan losses | 1,701,000 | 1,468,000 | 1,630,000 | 1,586,000 |
| Securities available for sale | 28,154,000 | 30,310,000 | 36,011,000 | 40,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,226,000 | 146,582,000 | 151,452,000 | 158,218,000 |
| Interest-bearing deposits | 123,703,000 | 121,750,000 | 124,608,000 | 128,828,000 |
| Noninterest-bearing deposits | 23,523,000 | 24,832,000 | 26,844,000 | 29,390,000 |
| Equity capital | 16,372,000 | 17,970,000 | 17,967,000 | 18,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,348,000 | 4,685,000 | 6,933,000 | 9,169,000 |
| Interest expense | 467,000 | 886,000 | 1,258,000 | 1,597,000 |
| Net interest income | 1,881,000 | 3,799,000 | 5,675,000 | 7,572,000 |
| Noninterest income | 70,000 | 4,000 | 148,000 | 279,000 |
| Noninterest expense | 945,000 | 1,847,000 | 2,791,000 | 3,701,000 |
| Provision for loan losses | 416,000 | 497,000 | 617,000 | 737,000 |
| Pretax income | 569,000 | 1,669,000 | 2,874,000 | 4,036,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 569,000 | 1,669,000 | 2,874,000 | 4,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,655,000 | 17,515,000 | 16,955,000 | 17,611,000 |
| Total capital | 18,313,000 | 18,983,000 | 18,561,000 | 19,197,000 |
| Risk-weighted assets | 134,914,000 | 129,770,000 | 128,483,000 | 132,654,000 |