Call reports 2001
FARMERS & MERCHANTS STATE BANK — 2001
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 31,914,000 | 32,301,000 | 32,303,000 | 32,854,000 |
| Total loans | 23,230,000 | 25,094,000 | 25,960,000 | 26,331,000 |
| Allowance for loan losses | 381,000 | 387,000 | 393,000 | 399,000 |
| Securities available for sale | 4,094,000 | 4,964,000 | 3,946,000 | 4,047,000 |
| Securities held to maturity | 371,000 | 370,000 | 220,000 | 165,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,979,000 | 28,391,000 | 29,044,000 | 29,519,000 |
| Interest-bearing deposits | 25,930,000 | 25,289,000 | 26,091,000 | 25,558,000 |
| Noninterest-bearing deposits | 3,049,000 | 3,102,000 | 2,953,000 | 3,961,000 |
| Equity capital | 2,437,000 | 2,503,000 | 2,654,000 | 2,645,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 669,000 | 1,321,000 | 1,959,000 | 2,577,000 |
| Interest expense | 336,000 | 662,000 | 980,000 | 1,256,000 |
| Net interest income | 333,000 | 659,000 | 979,000 | 1,321,000 |
| Noninterest income | 34,000 | 72,000 | 119,000 | 169,000 |
| Noninterest expense | 168,000 | 328,000 | 489,000 | 722,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 193,000 | 391,000 | 591,000 | 755,000 |
| Income tax | 65,000 | 150,000 | 226,000 | 287,000 |
| Net income | 128,000 | 241,000 | 365,000 | 468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,426,000 | 2,488,000 | 2,613,000 | 2,616,000 |
| Total capital | 2,761,000 | 2,812,000 | 2,963,000 | 2,967,000 |
| Risk-weighted assets | 26,735,000 | 26,120,000 | 27,938,000 | 28,158,000 |