Call reports 2014
FARMERS & MERCHANTS BANK OF COLBY — 2014
What FARMERS & MERCHANTS BANK OF COLBY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 155,649,000 | 156,676,000 | 158,870,000 | 171,751,000 |
| Total loans | 87,060,000 | 91,646,000 | 96,031,000 | 98,654,000 |
| Allowance for loan losses | 800,000 | 800,000 | 800,000 | 883,000 |
| Securities available for sale | 61,575,000 | 58,889,000 | 56,989,000 | 62,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,207,000 | 103,839,000 | 101,605,000 | 112,947,000 |
| Interest-bearing deposits | 90,470,000 | 88,996,000 | 87,699,000 | 98,163,000 |
| Noninterest-bearing deposits | 15,737,000 | 14,843,000 | 13,906,000 | 14,784,000 |
| Equity capital | 19,097,000 | 20,073,000 | 20,936,000 | 21,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,511,000 | 3,102,000 | 4,739,000 | 6,430,000 |
| Interest expense | 242,000 | 484,000 | 730,000 | 992,000 |
| Net interest income | 1,269,000 | 2,618,000 | 4,009,000 | 5,438,000 |
| Noninterest income | 64,000 | 156,000 | 337,000 | 485,000 |
| Noninterest expense | 456,000 | 978,000 | 1,472,000 | 2,319,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 175,000 |
| Pretax income | 802,000 | 1,782,000 | 2,888,000 | 3,518,000 |
| Income tax | 229,000 | 518,000 | 843,000 | 996,000 |
| Net income | 573,000 | 1,264,000 | 2,045,000 | 2,522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,644,000 | 18,334,000 | 19,115,000 | 19,323,000 |
| Total capital | 18,444,000 | 19,134,000 | 19,915,000 | 20,206,000 |
| Risk-weighted assets | 115,830,000 | 121,914,000 | 126,913,000 | 131,129,000 |