Call reports 2024
FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE — 2024
What FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 87,475,000 | 88,724,000 | 87,140,000 | 88,373,000 |
| Total loans | 46,872,000 | 49,477,000 | 50,914,000 | 53,121,000 |
| Allowance for loan losses | 606,000 | 633,000 | 637,000 | 658,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 30,441,000 | 29,626,000 | 29,447,000 | 29,093,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,811,000 | 73,886,000 | 72,099,000 | 73,152,000 |
| Interest-bearing deposits | 53,233,000 | 54,879,000 | 53,673,000 | 54,575,000 |
| Noninterest-bearing deposits | 19,578,000 | 19,007,000 | 18,426,000 | 18,577,000 |
| Equity capital | 14,414,000 | 14,582,000 | 14,732,000 | 14,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 882,000 | 1,799,000 | 2,733,000 | 3,698,000 |
| Interest expense | 205,000 | 448,000 | 718,000 | 988,000 |
| Net interest income | 677,000 | 1,351,000 | 2,015,000 | 2,710,000 |
| Noninterest income | 39,000 | 89,000 | 136,000 | 202,000 |
| Noninterest expense | 456,000 | 933,000 | 1,402,000 | 1,904,000 |
| Provision for loan losses | 0 | 0 | 13,000 | 38,000 |
| Pretax income | 260,000 | 507,000 | 736,000 | 965,000 |
| Income tax | 81,000 | 160,000 | 239,000 | 203,000 |
| Net income | 179,000 | 347,000 | 497,000 | 762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,414,000 | 14,582,000 | 14,732,000 | 14,996,000 |