Call reports 2016
FARMERS & MERCHANTS STATE BANK — 2016
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 166,463,000 | 165,746,000 | 162,160,000 | 166,510,000 |
| Total loans | 132,455,000 | 135,076,000 | 137,855,000 | 141,583,000 |
| Allowance for loan losses | 2,040,000 | 2,041,000 | 2,040,000 | 2,010,000 |
| Securities available for sale | 17,337,000 | 16,223,000 | 15,426,000 | 16,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,337,000 | 113,289,000 | 113,319,000 | 121,247,000 |
| Interest-bearing deposits | 93,934,000 | 92,186,000 | 91,847,000 | 94,389,000 |
| Noninterest-bearing deposits | 20,403,000 | 21,103,000 | 21,472,000 | 26,858,000 |
| Equity capital | 18,349,000 | 18,635,000 | 19,060,000 | 17,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,592,000 | 3,170,000 | 4,798,000 | 6,420,000 |
| Interest expense | 262,000 | 520,000 | 753,000 | 974,000 |
| Net interest income | 1,330,000 | 2,650,000 | 4,045,000 | 5,446,000 |
| Noninterest income | 247,000 | 503,000 | 818,000 | 1,107,000 |
| Noninterest expense | 974,000 | 1,934,000 | 2,922,000 | 3,882,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 644,000 | 1,261,000 | 1,983,000 | 2,713,000 |
| Income tax | 236,000 | 464,000 | 737,000 | 1,012,000 |
| Net income | 408,000 | 797,000 | 1,246,000 | 1,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,276,000 | 18,551,000 | 18,999,000 | 17,554,000 |
| Total capital | 19,942,000 | 20,240,000 | 20,794,000 | 19,331,000 |
| Risk-weighted assets | 132,889,000 | 134,748,000 | 143,332,000 | 141,985,000 |