Call reports 2009
FARMERS & MERCHANTS STATE BANK — 2009
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 143,140,000 | 140,097,000 | 135,953,000 | 137,885,000 |
| Total loans | 90,318,000 | 89,063,000 | 86,275,000 | 88,027,000 |
| Allowance for loan losses | 1,297,000 | 1,724,000 | 1,869,000 | 1,926,000 |
| Securities available for sale | 42,294,000 | 40,984,000 | 41,319,000 | 39,592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,106,000 | 97,731,000 | 92,529,000 | 99,244,000 |
| Interest-bearing deposits | 86,442,000 | 84,775,000 | 80,896,000 | 85,319,000 |
| Noninterest-bearing deposits | 12,664,000 | 12,956,000 | 11,633,000 | 13,925,000 |
| Equity capital | 16,845,000 | 16,640,000 | 16,957,000 | 16,699,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,879,000 | 3,621,000 | 5,354,000 | 6,930,000 |
| Interest expense | 821,000 | 1,606,000 | 2,356,000 | 3,058,000 |
| Net interest income | 1,058,000 | 2,015,000 | 2,998,000 | 3,872,000 |
| Noninterest income | 237,000 | 476,000 | 661,000 | 847,000 |
| Noninterest expense | 840,000 | 1,711,000 | 2,570,000 | 3,452,000 |
| Provision for loan losses | 135,000 | 690,000 | 860,000 | 995,000 |
| Pretax income | 320,000 | 90,000 | 229,000 | 272,000 |
| Income tax | 60,000 | -95,000 | -110,000 | -158,000 |
| Net income | 260,000 | 185,000 | 339,000 | 430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,179,000 | 16,003,000 | 16,106,000 | 15,918,000 |
| Total capital | 17,465,000 | 17,405,000 | 17,474,000 | 17,304,000 |
| Risk-weighted assets | 114,818,000 | 111,830,000 | 108,972,000 | 110,361,000 |