Call reports 2019
FARMERS & MERCHANTS STATE BANK — 2019
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 178,146,000 | 181,892,000 | 181,992,000 | 179,274,000 |
| Total loans | 141,047,000 | 142,311,000 | 145,161,000 | 146,460,000 |
| Allowance for loan losses | 1,995,000 | 1,955,000 | 1,893,000 | 2,035,000 |
| Securities available for sale | 15,110,000 | 15,296,000 | 14,745,000 | 15,649,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,594,000 | 131,714,000 | 137,153,000 | 137,193,000 |
| Interest-bearing deposits | 103,853,000 | 105,024,000 | 107,602,000 | 107,817,000 |
| Noninterest-bearing deposits | 26,741,000 | 26,690,000 | 29,551,000 | 29,376,000 |
| Equity capital | 19,403,000 | 19,984,000 | 20,738,000 | 20,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,977,000 | 3,865,000 | 5,856,000 | 7,818,000 |
| Interest expense | 382,000 | 817,000 | 1,249,000 | 1,654,000 |
| Net interest income | 1,595,000 | 3,048,000 | 4,607,000 | 6,164,000 |
| Noninterest income | 254,000 | 560,000 | 965,000 | 1,343,000 |
| Noninterest expense | 1,058,000 | 2,059,000 | 3,132,000 | 4,261,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 791,000 | 1,526,000 | 2,417,000 | 3,231,000 |
| Income tax | 212,000 | 408,000 | 648,000 | 870,000 |
| Net income | 579,000 | 1,118,000 | 1,769,000 | 2,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,491,000 | 20,031,000 | 20,681,000 | 19,973,000 |
| Total capital | 21,283,000 | 21,879,000 | 22,560,000 | 21,851,000 |
| Risk-weighted assets | 143,158,000 | 147,410,000 | 149,835,000 | 149,627,000 |