Call reports 2006
FARMERS & MERCHANTS STATE BANK — 2006
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 134,470,000 | 131,313,000 | 128,910,000 | 130,286,000 |
| Total loans | 90,640,000 | 89,670,000 | 88,404,000 | 88,255,000 |
| Allowance for loan losses | 1,507,000 | 1,528,000 | 1,483,000 | 1,384,000 |
| Securities available for sale | 33,738,000 | 33,601,000 | 33,830,000 | 34,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,041,000 | 93,608,000 | 91,892,000 | 93,619,000 |
| Interest-bearing deposits | 88,277,000 | 81,679,000 | 80,447,000 | 82,225,000 |
| Noninterest-bearing deposits | 10,764,000 | 11,929,000 | 11,445,000 | 11,394,000 |
| Equity capital | 17,487,000 | 17,690,000 | 17,812,000 | 17,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,944,000 | 3,910,000 | 5,929,000 | 7,950,000 |
| Interest expense | 811,000 | 1,689,000 | 2,593,000 | 3,513,000 |
| Net interest income | 1,133,000 | 2,221,000 | 3,336,000 | 4,437,000 |
| Noninterest income | 209,000 | 448,000 | 641,000 | 821,000 |
| Noninterest expense | 781,000 | 1,511,000 | 2,271,000 | 2,915,000 |
| Provision for loan losses | 40,000 | 80,000 | 107,000 | 200,000 |
| Pretax income | 521,000 | 1,078,000 | 1,599,000 | 2,143,000 |
| Income tax | 158,000 | 333,000 | 493,000 | 662,000 |
| Net income | 363,000 | 745,000 | 1,106,000 | 1,481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,809,000 | 18,141,000 | 18,001,000 | 18,127,000 |
| Total capital | 18,048,000 | 19,402,000 | 19,250,000 | 19,378,000 |
| Risk-weighted assets | 100,201,000 | 100,623,000 | 99,718,000 | 99,960,000 |