Call reports 2013
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2013
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 33,499,000 | 33,408,000 | 32,624,000 | 34,979,000 |
| Total loans | 21,287,000 | 21,615,000 | 21,759,000 | 21,559,000 |
| Allowance for loan losses | 386,000 | 387,000 | 401,000 | 362,000 |
| Securities available for sale | 1,066,000 | 1,674,000 | 2,305,000 | 2,503,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,943,000 | 29,833,000 | 29,064,000 | 31,375,000 |
| Interest-bearing deposits | 26,082,000 | 25,872,000 | 25,031,000 | 26,235,000 |
| Noninterest-bearing deposits | 3,861,000 | 3,961,000 | 4,033,000 | 5,140,000 |
| Equity capital | 3,474,000 | 3,515,000 | 3,539,000 | 3,583,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 325,000 | 648,000 | 981,000 | 1,304,000 |
| Interest expense | 61,000 | 116,000 | 164,000 | 210,000 |
| Net interest income | 264,000 | 532,000 | 817,000 | 1,094,000 |
| Noninterest income | 32,000 | 54,000 | 79,000 | 114,000 |
| Noninterest expense | 210,000 | 408,000 | 600,000 | 846,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 86,000 | 178,000 | 296,000 | 362,000 |
| Income tax | 32,000 | 67,000 | 113,000 | 142,000 |
| Net income | 54,000 | 111,000 | 183,000 | 220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,467,000 | 3,523,000 | 3,544,000 | 3,580,000 |
| Total capital | 3,715,000 | 3,780,000 | 3,804,000 | 3,843,000 |
| Risk-weighted assets | 19,708,000 | 20,459,000 | 20,648,000 | 20,943,000 |