Call reports 2009
FARMERS & MERCHANTS STATE BANK — 2009
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 44,341,000 | 47,243,000 | 51,241,000 | 52,422,000 |
| Total loans | 37,337,000 | 40,689,000 | 44,721,000 | 41,235,000 |
| Allowance for loan losses | 544,000 | 559,000 | 700,000 | 767,000 |
| Securities available for sale | 3,420,000 | 3,197,000 | 3,166,000 | 3,633,000 |
| Securities held to maturity | 300,000 | 300,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,133,000 | 39,814,000 | 42,647,000 | 45,880,000 |
| Interest-bearing deposits | 32,789,000 | 34,664,000 | 37,288,000 | 40,026,000 |
| Noninterest-bearing deposits | 5,344,000 | 5,150,000 | 5,359,000 | 5,854,000 |
| Equity capital | 4,826,000 | 5,025,000 | 4,980,000 | 5,012,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 673,000 | 1,362,000 | 2,106,000 | 2,837,000 |
| Interest expense | 207,000 | 392,000 | 571,000 | 743,000 |
| Net interest income | 466,000 | 970,000 | 1,535,000 | 2,094,000 |
| Noninterest income | 32,000 | 72,000 | 116,000 | 173,000 |
| Noninterest expense | 228,000 | 450,000 | 673,000 | 1,023,000 |
| Provision for loan losses | 8,000 | 22,000 | 163,000 | 243,000 |
| Pretax income | 262,000 | 570,000 | 815,000 | 1,001,000 |
| Income tax | 93,000 | 201,000 | 286,000 | 328,000 |
| Net income | 169,000 | 369,000 | 529,000 | 673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,779,000 | 4,979,000 | 4,939,000 | 4,983,000 |
| Total capital | 5,274,000 | 5,514,000 | 5,528,000 | 5,540,000 |
| Risk-weighted assets | 39,479,000 | 42,761,000 | 46,975,000 | 44,365,000 |