Call reports 2013
FARMERS & MERCHANTS STATE BANK — 2013
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 160,942,000 | 156,208,000 | 158,726,000 | 170,132,000 |
| Total loans | 119,311,000 | 123,163,000 | 125,185,000 | 125,253,000 |
| Allowance for loan losses | 2,065,000 | 2,245,000 | 2,289,000 | 2,259,000 |
| Securities available for sale | 18,140,000 | 17,324,000 | 16,553,000 | 17,317,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,695,000 | 113,016,000 | 112,353,000 | 123,987,000 |
| Interest-bearing deposits | 102,535,000 | 93,959,000 | 93,506,000 | 101,018,000 |
| Noninterest-bearing deposits | 17,160,000 | 19,057,000 | 18,847,000 | 22,969,000 |
| Equity capital | 17,190,000 | 17,350,000 | 17,585,000 | 17,388,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,572,000 | 3,149,000 | 4,775,000 | 6,412,000 |
| Interest expense | 300,000 | 580,000 | 862,000 | 1,153,000 |
| Net interest income | 1,272,000 | 2,569,000 | 3,913,000 | 5,259,000 |
| Noninterest income | 240,000 | 629,000 | 712,000 | 950,000 |
| Noninterest expense | 1,185,000 | 2,283,000 | 3,272,000 | 4,266,000 |
| Provision for loan losses | 150,000 | 300,000 | 350,000 | 350,000 |
| Pretax income | 177,000 | 615,000 | 1,003,000 | 1,593,000 |
| Income tax | 40,000 | 185,000 | 311,000 | 518,000 |
| Net income | 137,000 | 430,000 | 692,000 | 1,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,743,000 | 17,036,000 | 17,297,000 | 17,110,000 |
| Total capital | 18,256,000 | 18,588,000 | 18,801,000 | 18,714,000 |
| Risk-weighted assets | 122,867,000 | 123,380,000 | 125,169,000 | 127,702,000 |