Call reports 2011
FARMERS & MERCHANTS STATE BANK — 2011
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 135,410,000 | 130,575,000 | 139,164,000 | 143,792,000 |
| Total loans | 91,202,000 | 93,842,000 | 96,893,000 | 107,755,000 |
| Allowance for loan losses | 1,645,000 | 1,566,000 | 1,600,000 | 1,711,000 |
| Securities available for sale | 29,900,000 | 28,493,000 | 28,204,000 | 27,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,098,000 | 101,344,000 | 102,997,000 | 107,987,000 |
| Interest-bearing deposits | 89,903,000 | 87,618,000 | 87,949,000 | 91,103,000 |
| Noninterest-bearing deposits | 13,195,000 | 13,726,000 | 15,048,000 | 16,884,000 |
| Equity capital | 16,718,000 | 16,874,000 | 17,005,000 | 16,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,512,000 | 3,018,000 | 4,616,000 | 6,219,000 |
| Interest expense | 483,000 | 924,000 | 1,345,000 | 1,748,000 |
| Net interest income | 1,029,000 | 2,094,000 | 3,271,000 | 4,471,000 |
| Noninterest income | 169,000 | 350,000 | 608,000 | 928,000 |
| Noninterest expense | 947,000 | 1,891,000 | 2,887,000 | 3,870,000 |
| Provision for loan losses | 200,000 | 450,000 | 775,000 | 875,000 |
| Pretax income | 51,000 | 103,000 | 217,000 | 654,000 |
| Income tax | -25,000 | -53,000 | -59,000 | 80,000 |
| Net income | 76,000 | 156,000 | 276,000 | 574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,087,000 | 16,167,000 | 16,287,000 | 16,065,000 |
| Total capital | 17,471,000 | 17,576,000 | 17,710,000 | 17,545,000 |
| Risk-weighted assets | 110,500,000 | 112,530,000 | 113,701,000 | 118,166,000 |