Call reports 2013
FARMERS AND MERCHANTS BANK OF ASHLAND — 2013
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 68,582,000 | 69,794,000 | 71,022,000 | 66,684,000 |
| Total loans | 43,231,000 | 45,452,000 | 46,137,000 | 48,216,000 |
| Allowance for loan losses | 447,000 | 468,000 | 489,000 | 487,000 |
| Securities available for sale | 10,482,000 | 9,724,000 | 9,108,000 | 9,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,118,000 | 57,277,000 | 59,117,000 | 54,488,000 |
| Interest-bearing deposits | 41,180,000 | 42,479,000 | 40,681,000 | 39,829,000 |
| Noninterest-bearing deposits | 14,938,000 | 14,798,000 | 18,436,000 | 14,659,000 |
| Equity capital | 7,536,000 | 7,523,000 | 7,516,000 | 7,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 666,000 | 1,358,000 | 2,053,000 | 2,753,000 |
| Interest expense | 68,000 | 140,000 | 178,000 | 229,000 |
| Net interest income | 598,000 | 1,218,000 | 1,875,000 | 2,524,000 |
| Noninterest income | 114,000 | 181,000 | 247,000 | 314,000 |
| Noninterest expense | 502,000 | 1,039,000 | 1,521,000 | 2,110,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 189,000 | 319,000 | 537,000 | 643,000 |
| Income tax | 40,000 | 80,000 | 152,000 | 186,000 |
| Net income | 149,000 | 239,000 | 385,000 | 457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,470,000 | 7,560,000 | 7,575,000 | 7,648,000 |
| Total capital | 7,917,000 | 8,028,000 | 8,064,000 | 8,135,000 |
| Risk-weighted assets | 48,575,000 | 51,419,000 | 53,455,000 | 55,194,000 |