Call reports 2017
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2017
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 67,949,000 | 49,389,000 | 37,525,000 | 95,137,000 |
| Total loans | 25,465,000 | 26,216,000 | 26,165,000 | 27,085,000 |
| Allowance for loan losses | 351,000 | 351,000 | 351,000 | 335,000 |
| Securities available for sale | 2,304,000 | 2,309,000 | 2,309,000 | 2,290,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,593,000 | 44,885,000 | 32,589,000 | 90,702,000 |
| Interest-bearing deposits | 28,412,000 | 27,892,000 | 28,661,000 | 29,171,000 |
| Noninterest-bearing deposits | 35,181,000 | 16,993,000 | 3,928,000 | 61,531,000 |
| Equity capital | 4,165,000 | 4,271,000 | 4,300,000 | 4,266,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 441,000 | 881,000 | 1,306,000 | 1,673,000 |
| Interest expense | 57,000 | 116,000 | 180,000 | 250,000 |
| Net interest income | 384,000 | 765,000 | 1,126,000 | 1,423,000 |
| Noninterest income | 32,000 | 56,000 | 80,000 | 84,000 |
| Noninterest expense | 262,000 | 505,000 | 747,000 | 1,026,000 |
| Provision for loan losses | 0 | 0 | 0 | 120,000 |
| Pretax income | 154,000 | 316,000 | 459,000 | 361,000 |
| Income tax | 59,000 | 122,000 | 177,000 | 104,000 |
| Net income | 95,000 | 194,000 | 282,000 | 257,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,169,000 | 4,269,000 | 4,297,000 | 4,271,000 |
| Total capital | 4,489,000 | 4,602,000 | 4,631,000 | 4,606,000 |
| Risk-weighted assets | 25,576,000 | 26,658,000 | 26,781,000 | 27,469,000 |