Call reports 2018
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2018
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 218,723,000 | 217,544,000 | 223,699,000 | 224,796,000 |
| Total loans | 154,806,000 | 153,499,000 | 158,235,000 | 161,511,000 |
| Allowance for loan losses | 1,490,000 | 1,691,000 | 1,793,000 | 1,769,000 |
| Securities available for sale | 44,037,000 | 44,153,000 | 43,753,000 | 45,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,449,000 | 196,012,000 | 201,730,000 | 199,960,000 |
| Interest-bearing deposits | 136,363,000 | 136,927,000 | 136,241,000 | 135,305,000 |
| Noninterest-bearing deposits | 61,086,000 | 59,085,000 | 65,489,000 | 64,655,000 |
| Equity capital | 20,920,000 | 21,096,000 | 21,532,000 | 23,554,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,522,000 | 5,053,000 | 7,671,000 | 10,338,000 |
| Interest expense | 239,000 | 498,000 | 773,000 | 1,065,000 |
| Net interest income | 2,283,000 | 4,555,000 | 6,898,000 | 9,273,000 |
| Noninterest income | 191,000 | 410,000 | 629,000 | 915,000 |
| Noninterest expense | 1,311,000 | 2,632,000 | 3,973,000 | 5,322,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 150,000 |
| Pretax income | 1,074,000 | 2,152,000 | 3,283,000 | 4,715,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,074,000 | 2,152,000 | 3,283,000 | 4,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,383,000 | 22,487,000 | 23,201,000 | 24,648,000 |
| Total capital | 23,873,000 | 24,178,000 | 24,994,000 | 26,417,000 |
| Risk-weighted assets | 168,056,000 | 168,418,000 | 171,821,000 | 174,725,000 |