Call reports 2019
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2019
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 41,358,000 | 40,904,000 | 38,328,000 | 49,690,000 |
| Total loans | 26,206,000 | 26,296,000 | 27,024,000 | 26,260,000 |
| Allowance for loan losses | 306,000 | 313,000 | 299,000 | 284,000 |
| Securities available for sale | 1,018,000 | 1,018,000 | 820,000 | 820,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,578,000 | 36,162,000 | 33,523,000 | 45,116,000 |
| Interest-bearing deposits | 31,780,000 | 31,131,000 | 29,489,000 | 30,992,000 |
| Noninterest-bearing deposits | 4,798,000 | 5,031,000 | 4,034,000 | 14,124,000 |
| Equity capital | 4,519,000 | 4,488,000 | 4,558,000 | 4,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 423,000 | 886,000 | 1,321,000 | 1,730,000 |
| Interest expense | 112,000 | 234,000 | 354,000 | 470,000 |
| Net interest income | 311,000 | 652,000 | 967,000 | 1,260,000 |
| Noninterest income | 19,000 | 41,000 | 63,000 | 81,000 |
| Noninterest expense | 249,000 | 516,000 | 760,000 | 1,035,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 200,000 |
| Pretax income | 81,000 | 127,000 | 220,000 | 106,000 |
| Income tax | 22,000 | 34,000 | 60,000 | 28,000 |
| Net income | 59,000 | 93,000 | 160,000 | 78,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,521,000 | 4,487,000 | 4,555,000 | 4,472,000 |
| Total capital | 4,827,000 | 4,800,000 | 4,854,000 | 4,756,000 |
| Risk-weighted assets | 27,130,000 | 26,523,000 | 26,769,000 | 26,520,000 |