Call reports 2014
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2014
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 173,310,000 | 168,691,000 | 179,457,000 | 185,410,000 |
| Total loans | 120,418,000 | 117,514,000 | 127,152,000 | 133,765,000 |
| Allowance for loan losses | 1,346,000 | 1,376,000 | 1,382,000 | 1,239,000 |
| Securities available for sale | 35,991,000 | 36,978,000 | 37,848,000 | 30,909,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,867,000 | 150,915,000 | 156,509,000 | 165,975,000 |
| Interest-bearing deposits | 119,204,000 | 115,224,000 | 116,836,000 | 122,061,000 |
| Noninterest-bearing deposits | 36,663,000 | 35,691,000 | 39,673,000 | 43,914,000 |
| Equity capital | 17,193,000 | 17,576,000 | 18,171,000 | 19,206,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,870,000 | 3,741,000 | 5,694,000 | 7,716,000 |
| Interest expense | 162,000 | 324,000 | 489,000 | 653,000 |
| Net interest income | 1,708,000 | 3,417,000 | 5,205,000 | 7,063,000 |
| Noninterest income | 142,000 | 310,000 | 511,000 | 674,000 |
| Noninterest expense | 964,000 | 1,976,000 | 3,027,000 | 3,995,000 |
| Provision for loan losses | 15,000 | 60,000 | 60,000 | 180,000 |
| Pretax income | 875,000 | 1,694,000 | 2,638,000 | 3,556,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 875,000 | 1,694,000 | 2,638,000 | 3,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,995,000 | 18,032,000 | 18,507,000 | 19,426,000 |
| Total capital | 19,341,000 | 19,408,000 | 19,889,000 | 20,665,000 |
| Risk-weighted assets | 127,685,000 | 127,738,000 | 133,348,000 | 138,883,000 |