Call reports 2017
FARMERS & MERCHANTS STATE BANK — 2017
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 167,877,000 | 168,452,000 | 180,242,000 | 176,935,000 |
| Total loans | 143,460,000 | 142,614,000 | 150,122,000 | 151,737,000 |
| Allowance for loan losses | 2,009,000 | 2,017,000 | 1,893,000 | 1,894,000 |
| Securities available for sale | 17,254,000 | 17,651,000 | 17,281,000 | 16,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,395,000 | 122,517,000 | 132,674,000 | 129,924,000 |
| Interest-bearing deposits | 99,459,000 | 99,412,000 | 108,912,000 | 102,849,000 |
| Noninterest-bearing deposits | 22,936,000 | 23,105,000 | 23,762,000 | 27,075,000 |
| Equity capital | 17,867,000 | 18,320,000 | 18,735,000 | 18,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,579,000 | 3,200,000 | 4,868,000 | 6,597,000 |
| Interest expense | 225,000 | 459,000 | 719,000 | 992,000 |
| Net interest income | 1,354,000 | 2,741,000 | 4,149,000 | 5,605,000 |
| Noninterest income | 233,000 | 500,000 | 776,000 | 1,065,000 |
| Noninterest expense | 1,025,000 | 2,026,000 | 3,050,000 | 3,943,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 562,000 | 1,215,000 | 1,875,000 | 2,727,000 |
| Income tax | 211,000 | 455,000 | 701,000 | 1,081,000 |
| Net income | 351,000 | 760,000 | 1,174,000 | 1,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,905,000 | 18,314,000 | 18,728,000 | 18,126,000 |
| Total capital | 19,679,000 | 20,085,000 | 20,597,000 | 20,013,000 |
| Risk-weighted assets | 141,666,000 | 141,429,000 | 149,527,000 | 150,987,000 |