Call reports 2010
FARMERS & MERCHANTS STATE BANK — 2010
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Total assets | 49,393,000 | 49,031,000 | 49,737,000 |
| Total loans | 41,676,000 | 41,626,000 | 39,317,000 |
| Allowance for loan losses | 856,000 | 880,000 | 918,000 |
| Securities available for sale | 3,167,000 | 3,151,000 | 3,024,000 |
| Securities held to maturity | 200,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 41,230,000 | 43,819,000 | 44,441,000 |
| Interest-bearing deposits | 36,080,000 | 38,084,000 | 38,208,000 |
| Noninterest-bearing deposits | 5,150,000 | 5,735,000 | 6,233,000 |
| Equity capital | 5,007,000 | 4,939,000 | 5,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Interest income | 679,000 | 1,355,000 | 1,982,000 |
| Interest expense | 156,000 | 300,000 | 428,000 |
| Net interest income | 523,000 | 1,055,000 | 1,554,000 |
| Noninterest income | 42,000 | 76,000 | 107,000 |
| Noninterest expense | 227,000 | 486,000 | 751,000 |
| Provision for loan losses | 30,000 | 60,000 | 100,000 |
| Pretax income | 308,000 | 585,000 | 810,000 |
| Income tax | 101,000 | 250,000 | 326,000 |
| Net income | 207,000 | 335,000 | 484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 4,990,000 | 4,918,000 | 5,067,000 |
| Total capital | 5,544,000 | 5,470,000 | 5,599,000 |
| Risk-weighted assets | 44,002,000 | 43,849,000 | 42,221,000 |