Call reports 2016
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2016
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 176,718,000 | 175,541,000 | 184,645,000 | 216,345,000 |
| Total loans | 138,328,000 | 136,188,000 | 139,149,000 | 158,745,000 |
| Allowance for loan losses | 1,559,000 | 1,564,000 | 1,570,000 | 1,521,000 |
| Securities available for sale | 22,439,000 | 25,553,000 | 28,402,000 | 38,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,675,000 | 155,384,000 | 165,142,000 | 193,341,000 |
| Interest-bearing deposits | 116,029,000 | 112,844,000 | 118,744,000 | 133,094,000 |
| Noninterest-bearing deposits | 41,646,000 | 42,540,000 | 46,398,000 | 60,247,000 |
| Equity capital | 18,708,000 | 18,895,000 | 19,231,000 | 22,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,019,000 | 4,042,000 | 6,176,000 | 8,523,000 |
| Interest expense | 176,000 | 355,000 | 536,000 | 726,000 |
| Net interest income | 1,843,000 | 3,687,000 | 5,640,000 | 7,797,000 |
| Noninterest income | 166,000 | 353,000 | 536,000 | 738,000 |
| Noninterest expense | 1,031,000 | 2,143,000 | 3,226,000 | 4,649,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 977,000 | 1,912,000 | 2,994,000 | 3,881,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 977,000 | 1,912,000 | 2,994,000 | 3,881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,628,000 | 18,637,000 | 19,220,000 | 23,320,000 |
| Total capital | 20,187,000 | 20,201,000 | 20,790,000 | 24,841,000 |
| Risk-weighted assets | 133,924,000 | 137,013,000 | 142,152,000 | 163,366,000 |