Call reports 2010
FARMERS & MERCHANTS STATE BANK — 2010
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 135,749,000 | 134,660,000 | 132,193,000 | 136,276,000 |
| Total loans | 89,391,000 | 91,664,000 | 92,286,000 | 88,386,000 |
| Allowance for loan losses | 2,073,000 | 2,344,000 | 1,634,000 | 1,788,000 |
| Securities available for sale | 37,730,000 | 35,607,000 | 32,130,000 | 30,319,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,185,000 | 97,765,000 | 97,395,000 | 103,569,000 |
| Interest-bearing deposits | 84,344,000 | 83,697,000 | 83,137,000 | 87,726,000 |
| Noninterest-bearing deposits | 11,841,000 | 14,068,000 | 14,258,000 | 15,843,000 |
| Equity capital | 16,861,000 | 16,964,000 | 17,148,000 | 16,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,593,000 | 3,212,000 | 4,853,000 | 6,377,000 |
| Interest expense | 645,000 | 1,247,000 | 1,793,000 | 2,296,000 |
| Net interest income | 948,000 | 1,965,000 | 3,060,000 | 4,081,000 |
| Noninterest income | 197,000 | 387,000 | 667,000 | 964,000 |
| Noninterest expense | 838,000 | 1,738,000 | 2,713,000 | 3,575,000 |
| Provision for loan losses | 150,000 | 460,000 | 610,000 | 860,000 |
| Pretax income | 157,000 | 154,000 | 404,000 | 610,000 |
| Income tax | 11,000 | -41,000 | 11,000 | 67,000 |
| Net income | 146,000 | 195,000 | 393,000 | 543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,064,000 | 16,111,000 | 16,311,000 | 16,011,000 |
| Total capital | 17,460,000 | 17,519,000 | 17,685,000 | 17,372,000 |
| Risk-weighted assets | 111,031,000 | 111,738,000 | 109,684,000 | 108,462,000 |