Call reports 2019
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2019
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 221,052,000 | 216,615,000 | 222,735,000 | 231,229,000 |
| Total loans | 162,709,000 | 162,234,000 | 165,094,000 | 160,017,000 |
| Allowance for loan losses | 1,868,000 | 1,989,000 | 2,117,000 | 2,047,000 |
| Securities available for sale | 39,223,000 | 36,798,000 | 32,289,000 | 38,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,024,000 | 192,768,000 | 198,065,000 | 205,573,000 |
| Interest-bearing deposits | 135,316,000 | 135,615,000 | 144,786,000 | 149,174,000 |
| Noninterest-bearing deposits | 62,708,000 | 57,153,000 | 53,279,000 | 56,399,000 |
| Equity capital | 22,590,000 | 23,425,000 | 24,195,000 | 25,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,611,000 | 5,318,000 | 8,044,000 | 10,798,000 |
| Interest expense | 308,000 | 631,000 | 984,000 | 1,353,000 |
| Net interest income | 2,303,000 | 4,687,000 | 7,060,000 | 9,445,000 |
| Noninterest income | 191,000 | 441,000 | 670,000 | 879,000 |
| Noninterest expense | 1,367,000 | 2,704,000 | 4,072,000 | 5,504,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 360,000 |
| Pretax income | 965,000 | 2,137,000 | 3,247,000 | 4,409,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 965,000 | 2,137,000 | 3,247,000 | 4,409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,787,000 | 23,009,000 | 23,671,000 | 24,848,000 |
| Total capital | 24,655,000 | 24,998,000 | 25,788,000 | 26,895,000 |
| Risk-weighted assets | 166,665,000 | 171,925,000 | 173,322,000 | 169,961,000 |