Call reports 2013
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2013
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 173,245,000 | 170,662,000 | 173,423,000 | 175,379,000 |
| Total loans | 113,154,000 | 117,388,000 | 119,545,000 | 121,991,000 |
| Allowance for loan losses | 1,517,000 | 1,479,000 | 1,405,000 | 1,325,000 |
| Securities available for sale | 43,937,000 | 42,280,000 | 41,556,000 | 35,842,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,458,000 | 151,840,000 | 153,855,000 | 157,268,000 |
| Interest-bearing deposits | 120,808,000 | 119,652,000 | 119,126,000 | 117,302,000 |
| Noninterest-bearing deposits | 32,650,000 | 32,188,000 | 34,729,000 | 39,966,000 |
| Equity capital | 18,002,000 | 16,369,000 | 17,088,000 | 17,887,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,913,000 | 3,826,000 | 5,772,000 | 7,730,000 |
| Interest expense | 211,000 | 417,000 | 617,000 | 795,000 |
| Net interest income | 1,702,000 | 3,409,000 | 5,155,000 | 6,935,000 |
| Noninterest income | 149,000 | 374,000 | 543,000 | 714,000 |
| Noninterest expense | 968,000 | 1,921,000 | 2,876,000 | 3,956,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,004,000 | 1,965,000 | 2,929,000 | 3,745,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,004,000 | 1,965,000 | 2,929,000 | 3,745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,662,000 | 17,680,000 | 18,197,000 | 19,013,000 |
| Total capital | 19,179,000 | 19,159,000 | 19,602,000 | 20,338,000 |
| Risk-weighted assets | 122,543,000 | 126,262,000 | 130,207,000 | 131,933,000 |