Call reports 2018
FARMERS & MERCHANTS STATE BANK — 2018
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 175,679,000 | 174,833,000 | 167,693,000 | 166,758,000 |
| Total loans | 152,249,000 | 149,556,000 | 143,994,000 | 141,410,000 |
| Allowance for loan losses | 1,748,000 | 1,747,000 | 1,745,000 | 1,821,000 |
| Securities available for sale | 17,087,000 | 16,282,000 | 15,668,000 | 15,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,939,000 | 124,449,000 | 118,907,000 | 119,844,000 |
| Interest-bearing deposits | 103,846,000 | 99,312,000 | 94,479,000 | 91,829,000 |
| Noninterest-bearing deposits | 24,093,000 | 25,137,000 | 24,428,000 | 28,015,000 |
| Equity capital | 18,525,000 | 19,030,000 | 19,634,000 | 18,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,694,000 | 3,422,000 | 5,265,000 | 6,991,000 |
| Interest expense | 276,000 | 576,000 | 877,000 | 1,174,000 |
| Net interest income | 1,418,000 | 2,846,000 | 4,388,000 | 5,817,000 |
| Noninterest income | 296,000 | 594,000 | 886,000 | 1,181,000 |
| Noninterest expense | 1,048,000 | 2,095,000 | 3,088,000 | 4,063,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 666,000 | 1,345,000 | 2,186,000 | 2,860,000 |
| Income tax | 209,000 | 376,000 | 598,000 | 773,000 |
| Net income | 457,000 | 969,000 | 1,588,000 | 2,087,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,582,000 | 19,094,000 | 19,714,000 | 18,912,000 |
| Total capital | 20,330,000 | 20,841,000 | 21,459,000 | 20,704,000 |
| Risk-weighted assets | 152,199,000 | 149,552,000 | 144,822,000 | 143,293,000 |