Call reports 2015
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2015
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 34,853,000 | 35,047,000 | 35,956,000 | 77,107,000 |
| Total loans | 22,298,000 | 23,167,000 | 25,060,000 | 24,494,000 |
| Allowance for loan losses | 386,000 | 386,000 | 385,000 | 386,000 |
| Securities available for sale | 2,487,000 | 2,765,000 | 2,777,000 | 2,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,028,000 | 31,169,000 | 31,971,000 | 73,181,000 |
| Interest-bearing deposits | 27,132,000 | 26,085,000 | 28,363,000 | 29,915,000 |
| Noninterest-bearing deposits | 3,896,000 | 5,084,000 | 3,608,000 | 43,266,000 |
| Equity capital | 3,790,000 | 3,853,000 | 3,946,000 | 3,901,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 315,000 | 640,000 | 987,000 | 1,352,000 |
| Interest expense | 37,000 | 74,000 | 114,000 | 161,000 |
| Net interest income | 278,000 | 566,000 | 873,000 | 1,191,000 |
| Noninterest income | 29,000 | 64,000 | 97,000 | 165,000 |
| Noninterest expense | 260,000 | 464,000 | 661,000 | 907,000 |
| Provision for loan losses | 0 | 0 | 0 | 150,000 |
| Pretax income | 52,000 | 171,000 | 314,000 | 304,000 |
| Income tax | 17,000 | 64,000 | 120,000 | 110,000 |
| Net income | 35,000 | 107,000 | 194,000 | 194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,790,000 | 3,862,000 | 3,947,000 | 3,902,000 |
| Total capital | 4,061,000 | 4,146,000 | 4,262,000 | 4,209,000 |
| Risk-weighted assets | 21,640,000 | 22,644,000 | 25,162,000 | 24,487,000 |