Call reports 2011
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2011
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 29,582,000 | 28,351,000 | 31,195,000 | 29,721,000 |
| Total loans | 19,549,000 | 20,569,000 | 20,882,000 | 21,324,000 |
| Allowance for loan losses | 335,000 | 348,000 | 349,000 | 349,000 |
| Securities available for sale | 2,300,000 | 2,441,000 | 1,406,000 | 1,515,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,422,000 | 24,880,000 | 27,884,000 | 26,395,000 |
| Interest-bearing deposits | 23,503,000 | 22,506,000 | 24,026,000 | 22,574,000 |
| Noninterest-bearing deposits | 2,919,000 | 2,374,000 | 3,857,000 | 3,821,000 |
| Equity capital | 3,108,000 | 3,188,000 | 3,249,000 | 3,267,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 328,000 | 660,000 | 1,010,000 | 1,352,000 |
| Interest expense | 100,000 | 190,000 | 278,000 | 361,000 |
| Net interest income | 228,000 | 470,000 | 732,000 | 991,000 |
| Noninterest income | 34,000 | 92,000 | 138,000 | 169,000 |
| Noninterest expense | 221,000 | 420,000 | 630,000 | 864,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 11,000 | 112,000 | 210,000 | 266,000 |
| Income tax | 2,000 | 40,000 | 74,000 | 95,000 |
| Net income | 9,000 | 72,000 | 136,000 | 171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,097,000 | 3,159,000 | 3,224,000 | 3,246,000 |
| Total capital | 3,348,000 | 3,402,000 | 3,477,000 | 3,499,000 |
| Risk-weighted assets | 20,019,000 | 19,323,000 | 20,106,000 | 20,107,000 |