Call reports 2024
FARMERS & MERCHANTS BANK OF HUTSONVILLE — 2024
What FARMERS & MERCHANTS BANK OF HUTSONVILLE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 52,250,000 | 50,864,000 | 51,211,000 | 50,815,000 |
| Total loans | 34,521,000 | 35,709,000 | 34,911,000 | 35,523,000 |
| Allowance for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,900,000 | 5,900,000 | 5,400,000 | 6,200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,184,000 | 41,619,000 | 41,746,000 | 41,828,000 |
| Interest-bearing deposits | 37,872,000 | 37,138,000 | 36,511,000 | 36,190,000 |
| Noninterest-bearing deposits | 5,312,000 | 4,481,000 | 5,235,000 | 5,638,000 |
| Equity capital | 8,999,000 | 9,156,000 | 9,351,000 | 8,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 602,000 | 1,201,000 | 1,836,000 | 2,461,000 |
| Interest expense | 205,000 | 440,000 | 691,000 | 931,000 |
| Net interest income | 397,000 | 761,000 | 1,145,000 | 1,530,000 |
| Noninterest income | 22,000 | 44,000 | 68,000 | 95,000 |
| Noninterest expense | 191,000 | 400,000 | 606,000 | 1,123,000 |
| Provision for loan losses | 0 | 14,000 | 14,000 | 14,000 |
| Pretax income | 228,000 | 391,000 | 593,000 | 488,000 |
| Income tax | 0 | 6,000 | 13,000 | 20,000 |
| Net income | 228,000 | 385,000 | 580,000 | 468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,999,000 | 9,156,000 | 9,351,000 | 8,938,000 |