Call reports 2015
FARMERS & MERCHANTS STATE BANK — 2015
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 162,828,000 | 161,103,000 | 159,076,000 | 168,348,000 |
| Total loans | 134,776,000 | 134,235,000 | 133,142,000 | 132,378,000 |
| Allowance for loan losses | 2,080,000 | 2,043,000 | 2,027,000 | 2,028,000 |
| Securities available for sale | 18,991,000 | 18,260,000 | 16,945,000 | 16,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,102,000 | 113,825,000 | 112,814,000 | 115,995,000 |
| Interest-bearing deposits | 96,753,000 | 94,319,000 | 93,184,000 | 93,370,000 |
| Noninterest-bearing deposits | 19,349,000 | 19,506,000 | 19,630,000 | 22,625,000 |
| Equity capital | 17,634,000 | 17,747,000 | 18,125,000 | 17,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,592,000 | 3,210,000 | 4,779,000 | 6,340,000 |
| Interest expense | 264,000 | 522,000 | 767,000 | 1,031,000 |
| Net interest income | 1,328,000 | 2,688,000 | 4,012,000 | 5,309,000 |
| Noninterest income | 235,000 | 487,000 | 737,000 | 980,000 |
| Noninterest expense | 1,065,000 | 2,100,000 | 3,104,000 | 4,058,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 150,000 |
| Pretax income | 449,000 | 976,000 | 1,496,000 | 2,082,000 |
| Income tax | 143,000 | 304,000 | 464,000 | 686,000 |
| Net income | 306,000 | 672,000 | 1,032,000 | 1,396,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,453,000 | 17,620,000 | 17,980,000 | 17,868,000 |
| Total capital | 19,158,000 | 19,315,000 | 19,622,000 | 19,538,000 |
| Risk-weighted assets | 136,054,000 | 135,242,000 | 130,978,000 | 133,202,000 |