Call reports 2020
FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE — 2020
What FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 60,450,000 | 65,860,000 | 66,950,000 | 70,543,000 |
| Total loans | 32,439,000 | 33,210,000 | 33,730,000 | 32,531,000 |
| Allowance for loan losses | 419,000 | 422,000 | 421,000 | 421,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 21,903,000 | 22,204,000 | 22,722,000 | 23,038,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,857,000 | 53,031,000 | 53,870,000 | 57,346,000 |
| Interest-bearing deposits | 37,551,000 | 40,999,000 | 41,333,000 | 43,443,000 |
| Noninterest-bearing deposits | 10,306,000 | 12,032,000 | 12,537,000 | 13,903,000 |
| Equity capital | 12,363,000 | 12,547,000 | 12,734,000 | 12,852,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 644,000 | 1,266,000 | 1,881,000 | 2,501,000 |
| Interest expense | 60,000 | 110,000 | 153,000 | 193,000 |
| Net interest income | 584,000 | 1,156,000 | 1,728,000 | 2,308,000 |
| Noninterest income | 31,000 | 70,000 | 109,000 | 156,000 |
| Noninterest expense | 381,000 | 759,000 | 1,133,000 | 1,608,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 229,000 | 462,000 | 699,000 | 851,000 |
| Income tax | 48,000 | 97,000 | 147,000 | 181,000 |
| Net income | 181,000 | 365,000 | 552,000 | 670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,363,000 | 12,547,000 | 12,734,000 | 12,852,000 |