Call reports 2014
FARMERS & MERCHANTS STATE BANK — 2014
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 160,999,000 | 164,537,000 | 163,066,000 | 163,853,000 |
| Total loans | 122,359,000 | 129,346,000 | 130,713,000 | 134,027,000 |
| Allowance for loan losses | 2,338,000 | 2,409,000 | 2,459,000 | 2,028,000 |
| Securities available for sale | 18,855,000 | 19,569,000 | 19,368,000 | 18,626,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,667,000 | 112,656,000 | 116,110,000 | 117,495,000 |
| Interest-bearing deposits | 96,719,000 | 93,494,000 | 95,399,000 | 94,918,000 |
| Noninterest-bearing deposits | 17,948,000 | 19,162,000 | 20,711,000 | 22,577,000 |
| Equity capital | 17,568,000 | 17,672,000 | 17,962,000 | 17,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,550,000 | 3,108,000 | 4,730,000 | 6,380,000 |
| Interest expense | 280,000 | 554,000 | 829,000 | 1,103,000 |
| Net interest income | 1,270,000 | 2,554,000 | 3,901,000 | 5,277,000 |
| Noninterest income | 232,000 | 474,000 | 638,000 | 862,000 |
| Noninterest expense | 1,122,000 | 2,127,000 | 3,118,000 | 4,095,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 200,000 |
| Pretax income | 305,000 | 751,000 | 1,221,000 | 1,860,000 |
| Income tax | 95,000 | 245,000 | 406,000 | 635,000 |
| Net income | 210,000 | 506,000 | 815,000 | 1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,320,000 | 17,415,000 | 17,725,000 | 17,147,000 |
| Total capital | 18,897,000 | 19,051,000 | 19,370,000 | 18,976,000 |
| Risk-weighted assets | 125,494,000 | 130,076,000 | 130,753,000 | 146,144,000 |