Call reports 2006
FARMERS & MERCHANTS STATE BANK — 2006
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 40,758,000 | 40,073,000 | 39,765,000 | 39,858,000 |
| Total loans | 33,085,000 | 34,160,000 | 34,040,000 | 32,903,000 |
| Allowance for loan losses | 405,000 | 417,000 | 436,000 | 456,000 |
| Securities available for sale | 3,328,000 | 3,257,000 | 2,883,000 | 3,290,000 |
| Securities held to maturity | 420,000 | 420,000 | 520,000 | 520,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,670,000 | 34,330,000 | 34,501,000 | 34,523,000 |
| Interest-bearing deposits | 30,631,000 | 29,355,000 | 30,004,000 | 30,334,000 |
| Noninterest-bearing deposits | 5,039,000 | 4,975,000 | 4,497,000 | 4,189,000 |
| Equity capital | 3,688,000 | 3,783,000 | 3,893,000 | 3,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 680,000 | 1,418,000 | 2,195,000 | 2,974,000 |
| Interest expense | 254,000 | 530,000 | 820,000 | 1,133,000 |
| Net interest income | 426,000 | 888,000 | 1,375,000 | 1,841,000 |
| Noninterest income | 30,000 | 56,000 | 94,000 | 132,000 |
| Noninterest expense | 190,000 | 362,000 | 558,000 | 849,000 |
| Provision for loan losses | 19,000 | 30,000 | 49,000 | 68,000 |
| Pretax income | 247,000 | 552,000 | 862,000 | 1,056,000 |
| Income tax | 70,000 | 181,000 | 293,000 | 373,000 |
| Net income | 177,000 | 371,000 | 569,000 | 683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,704,000 | 3,792,000 | 3,890,000 | 3,904,000 |
| Total capital | 4,110,000 | 4,209,000 | 4,326,000 | 4,341,000 |
| Risk-weighted assets | 36,595,000 | 35,951,000 | 36,024,000 | 34,948,000 |