Call reports 2016
FARMERS & MERCHANTS BANK OF COLBY — 2016
What FARMERS & MERCHANTS BANK OF COLBY 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 | 178,539,000 | 189,135,000 | 188,811,000 | 202,443,000 |
| Total loans | 117,893,000 | 128,995,000 | 128,494,000 | 128,118,000 |
| Allowance for loan losses | 982,000 | 983,000 | 1,032,000 | 1,183,000 |
| Securities available for sale | 54,637,000 | 52,367,000 | 52,329,000 | 56,259,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,129,000 | 124,597,000 | 123,842,000 | 142,214,000 |
| Interest-bearing deposits | 99,965,000 | 109,129,000 | 109,330,000 | 126,907,000 |
| Noninterest-bearing deposits | 16,163,000 | 15,468,000 | 14,513,000 | 15,306,000 |
| Equity capital | 24,603,000 | 25,410,000 | 26,311,000 | 26,017,000 |
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 | 1,922,000 | 3,905,000 | 5,966,000 | 8,005,000 |
| Interest expense | 293,000 | 601,000 | 935,000 | 1,281,000 |
| Net interest income | 1,629,000 | 3,304,000 | 5,031,000 | 6,724,000 |
| Noninterest income | 99,000 | 185,000 | 286,000 | 389,000 |
| Noninterest expense | 522,000 | 1,174,000 | 1,741,000 | 2,491,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 200,000 |
| Pretax income | 1,206,000 | 2,315,000 | 3,526,000 | 4,365,000 |
| Income tax | 340,000 | 675,000 | 985,000 | 1,227,000 |
| Net income | 866,000 | 1,640,000 | 2,541,000 | 3,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,802,000 | 23,576,000 | 24,480,000 | 24,879,000 |
| Total capital | 23,784,000 | 24,559,000 | 25,512,000 | 26,062,000 |
| Risk-weighted assets | 160,730,000 | 172,980,000 | 173,037,000 | 177,609,000 |