Call reports 2016
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2016
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 45,435,000 | 35,055,000 | 37,095,000 | 102,412,000 |
| Total loans | 24,458,000 | 23,969,000 | 24,411,000 | 26,667,000 |
| Allowance for loan losses | 382,000 | 386,000 | 400,000 | 350,000 |
| Securities available for sale | 2,622,000 | 2,627,000 | 2,617,000 | 2,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,412,000 | 30,955,000 | 33,032,000 | 98,223,000 |
| Interest-bearing deposits | 28,757,000 | 27,735,000 | 29,517,000 | 29,073,000 |
| Noninterest-bearing deposits | 12,655,000 | 3,220,000 | 3,515,000 | 69,150,000 |
| Equity capital | 3,971,000 | 4,025,000 | 4,031,000 | 4,062,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 365,000 | 723,000 | 1,076,000 | 1,432,000 |
| Interest expense | 47,000 | 96,000 | 152,000 | 214,000 |
| Net interest income | 318,000 | 627,000 | 924,000 | 1,218,000 |
| Noninterest income | 27,000 | 50,000 | 82,000 | 121,000 |
| Noninterest expense | 238,000 | 462,000 | 689,000 | 957,000 |
| Provision for loan losses | 0 | 35,000 | 35,000 | 23,000 |
| Pretax income | 107,000 | 180,000 | 282,000 | 359,000 |
| Income tax | 41,000 | 66,000 | 105,000 | 133,000 |
| Net income | 66,000 | 114,000 | 177,000 | 226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,967,000 | 4,015,000 | 4,026,000 | 4,075,000 |
| Total capital | 4,277,000 | 4,320,000 | 4,331,000 | 4,412,000 |
| Risk-weighted assets | 24,767,000 | 24,377,000 | 24,342,000 | 26,983,000 |