Call reports 2009
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2009
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 26,893,000 | 27,498,000 | 29,559,000 | 28,901,000 |
| Total loans | 19,875,000 | 21,850,000 | 21,966,000 | 21,515,000 |
| Allowance for loan losses | 343,000 | 344,000 | 345,000 | 365,000 |
| Securities available for sale | 2,813,000 | 2,545,000 | 2,485,000 | 2,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,965,000 | 22,859,000 | 25,257,000 | 25,663,000 |
| Interest-bearing deposits | 20,849,000 | 20,362,000 | 23,035,000 | 23,121,000 |
| Noninterest-bearing deposits | 2,116,000 | 2,497,000 | 2,223,000 | 2,542,000 |
| Equity capital | 2,996,000 | 3,037,000 | 3,096,000 | 3,106,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 372,000 | 760,000 | 1,162,000 | 1,559,000 |
| Interest expense | 141,000 | 280,000 | 411,000 | 537,000 |
| Net interest income | 231,000 | 480,000 | 751,000 | 1,022,000 |
| Noninterest income | 34,000 | 69,000 | 106,000 | 149,000 |
| Noninterest expense | 206,000 | 426,000 | 586,000 | 855,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 50,000 |
| Pretax income | 29,000 | 93,000 | 241,000 | 266,000 |
| Income tax | 9,000 | 33,000 | 86,000 | 100,000 |
| Net income | 20,000 | 60,000 | 155,000 | 166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,971,000 | 3,011,000 | 3,061,000 | 3,071,000 |
| Total capital | 3,221,000 | 3,280,000 | 3,338,000 | 3,342,000 |
| Risk-weighted assets | 19,892,000 | 21,531,000 | 22,110,000 | 21,604,000 |