Call reports 2010
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2010
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 29,225,000 | 28,828,000 | 30,143,000 | 33,527,000 |
| Total loans | 21,668,000 | 22,318,000 | 21,350,000 | 20,083,000 |
| Allowance for loan losses | 394,000 | 397,000 | 334,000 | 270,000 |
| Securities available for sale | 2,506,000 | 2,255,000 | 2,319,000 | 2,244,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,954,000 | 25,532,000 | 26,992,000 | 30,346,000 |
| Interest-bearing deposits | 23,569,000 | 23,188,000 | 23,993,000 | 24,267,000 |
| Noninterest-bearing deposits | 2,386,000 | 2,344,000 | 2,999,000 | 6,079,000 |
| Equity capital | 3,149,000 | 3,148,000 | 3,071,000 | 3,100,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 386,000 | 769,000 | 1,131,000 | 1,487,000 |
| Interest expense | 119,000 | 233,000 | 343,000 | 452,000 |
| Net interest income | 267,000 | 536,000 | 788,000 | 1,035,000 |
| Noninterest income | 38,000 | 77,000 | 110,000 | 143,000 |
| Noninterest expense | 225,000 | 443,000 | 628,000 | 845,000 |
| Provision for loan losses | 0 | 30,000 | 265,000 | 265,000 |
| Pretax income | 80,000 | 140,000 | 5,000 | 68,000 |
| Income tax | 30,000 | 52,000 | 0 | 14,000 |
| Net income | 50,000 | 88,000 | 5,000 | 54,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,121,000 | 3,121,000 | 3,039,000 | 3,088,000 |
| Total capital | 3,394,000 | 3,402,000 | 3,312,000 | 3,356,000 |
| Risk-weighted assets | 21,862,000 | 22,370,000 | 21,725,000 | 21,415,000 |