Call reports 2020
FARMERS & MERCHANTS BANK OF HUTSONVILLE — 2020
What FARMERS & MERCHANTS BANK OF HUTSONVILLE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 44,940,000 | 45,688,000 | 46,350,000 | 46,313,000 |
| Total loans | 27,237,000 | 28,100,000 | 27,840,000 | 26,642,000 |
| Allowance for loan losses | 84,000 | 84,000 | 84,000 | 84,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,764,000 | 1,764,000 | 2,764,000 | 2,176,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,686,000 | 37,224,000 | 37,692,000 | 38,027,000 |
| Interest-bearing deposits | 31,845,000 | 31,973,000 | 32,626,000 | 32,934,000 |
| Noninterest-bearing deposits | 4,841,000 | 5,251,000 | 5,066,000 | 5,093,000 |
| Equity capital | 8,228,000 | 8,432,000 | 8,620,000 | 8,260,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 411,000 | 836,000 | 1,233,000 | 1,611,000 |
| Interest expense | 79,000 | 157,000 | 235,000 | 313,000 |
| Net interest income | 332,000 | 679,000 | 998,000 | 1,298,000 |
| Noninterest income | 27,000 | 50,000 | 74,000 | 109,000 |
| Noninterest expense | 153,000 | 319,000 | 474,000 | 886,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 206,000 | 410,000 | 598,000 | 521,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 9,000 |
| Net income | 205,000 | 409,000 | 597,000 | 512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,228,000 | 8,432,000 | 8,620,000 | 8,260,000 |