Call reports 2017
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2017
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 219,050,000 | 219,791,000 | 223,534,000 | 223,787,000 |
| Total loans | 156,257,000 | 160,115,000 | 160,710,000 | 157,297,000 |
| Allowance for loan losses | 1,606,000 | 1,688,000 | 1,647,000 | 1,472,000 |
| Securities available for sale | 37,087,000 | 41,700,000 | 42,132,000 | 46,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,521,000 | 197,205,000 | 200,431,000 | 197,439,000 |
| Interest-bearing deposits | 139,805,000 | 138,179,000 | 136,741,000 | 135,760,000 |
| Noninterest-bearing deposits | 57,716,000 | 59,026,000 | 63,690,000 | 61,679,000 |
| Equity capital | 21,359,000 | 22,210,000 | 22,750,000 | 23,229,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,385,000 | 4,860,000 | 7,382,000 | 9,932,000 |
| Interest expense | 214,000 | 434,000 | 656,000 | 875,000 |
| Net interest income | 2,171,000 | 4,426,000 | 6,726,000 | 9,057,000 |
| Noninterest income | 268,000 | 479,000 | 697,000 | 895,000 |
| Noninterest expense | 1,263,000 | 2,616,000 | 3,921,000 | 5,297,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 275,000 |
| Pretax income | 1,098,000 | 2,137,000 | 3,257,000 | 4,367,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,098,000 | 2,137,000 | 3,257,000 | 4,367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,133,000 | 22,153,000 | 22,767,000 | 23,888,000 |
| Total capital | 23,739,000 | 23,841,000 | 24,414,000 | 25,360,000 |
| Risk-weighted assets | 166,350,000 | 168,459,000 | 166,312,000 | 163,207,000 |