Call reports 2006
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2006
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 23,975,000 | 23,341,000 | 24,019,000 | 24,437,000 |
| Total loans | 16,176,000 | 17,127,000 | 17,637,000 | 18,261,000 |
| Allowance for loan losses | 313,000 | 315,000 | 316,000 | 315,000 |
| Securities available for sale | 3,771,000 | 3,817,000 | 3,449,000 | 3,752,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,307,000 | 20,330,000 | 21,243,000 | 20,821,000 |
| Interest-bearing deposits | 18,036,000 | 17,606,000 | 18,573,000 | 18,445,000 |
| Noninterest-bearing deposits | 3,271,000 | 2,725,000 | 2,670,000 | 2,376,000 |
| Equity capital | 2,551,000 | 2,583,000 | 2,647,000 | 2,673,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 347,000 | 701,000 | 1,077,000 | 1,468,000 |
| Interest expense | 131,000 | 275,000 | 447,000 | 628,000 |
| Net interest income | 216,000 | 426,000 | 630,000 | 840,000 |
| Noninterest income | 33,000 | 78,000 | 117,000 | 151,000 |
| Noninterest expense | 197,000 | 386,000 | 560,000 | 768,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 42,000 | 108,000 | 177,000 | 213,000 |
| Income tax | 14,000 | 39,000 | 66,000 | 75,000 |
| Net income | 28,000 | 69,000 | 111,000 | 138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,589,000 | 2,631,000 | 2,672,000 | 2,693,000 |
| Total capital | 2,803,000 | 2,853,000 | 2,900,000 | 2,926,000 |
| Risk-weighted assets | 17,050,000 | 17,629,000 | 18,170,000 | 18,526,000 |