Call reports 2011
FARMERS AND MERCHANTS BANK OF ASHLAND — 2011
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 64,332,000 | 64,366,000 | 62,135,000 | 62,005,000 |
| Total loans | 46,035,000 | 45,934,000 | 44,944,000 | 47,851,000 |
| Allowance for loan losses | 641,000 | 642,000 | 506,000 | 531,000 |
| Securities available for sale | 9,178,000 | 10,047,000 | 7,899,000 | 6,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,307,000 | 48,801,000 | 47,149,000 | 48,227,000 |
| Interest-bearing deposits | 37,542,000 | 36,695,000 | 35,797,000 | 35,093,000 |
| Noninterest-bearing deposits | 11,765,000 | 12,106,000 | 11,352,000 | 13,134,000 |
| Equity capital | 6,874,000 | 7,065,000 | 7,127,000 | 7,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 752,000 | 1,510,000 | 2,281,000 | 3,035,000 |
| Interest expense | 120,000 | 236,000 | 346,000 | 467,000 |
| Net interest income | 632,000 | 1,274,000 | 1,935,000 | 2,568,000 |
| Noninterest income | 110,000 | 188,000 | 273,000 | 346,000 |
| Noninterest expense | 519,000 | 1,026,000 | 1,559,000 | 2,159,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 222,000 | 433,000 | 642,000 | 733,000 |
| Income tax | 57,000 | 123,000 | 185,000 | 210,000 |
| Net income | 165,000 | 310,000 | 457,000 | 523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,869,000 | 7,014,000 | 7,049,000 | 7,116,000 |
| Total capital | 7,451,000 | 7,611,000 | 7,555,000 | 7,647,000 |
| Risk-weighted assets | 46,508,000 | 47,695,000 | 47,084,000 | 50,007,000 |