Call reports 2010
FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — 2010
What FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 24,158,000 | 24,694,000 | 25,024,000 | 26,070,000 |
| Total loans | 18,686,000 | 18,916,000 | 18,048,000 | 19,231,000 |
| Allowance for loan losses | 577,000 | 592,000 | 596,000 | 376,000 |
| Securities available for sale | 2,952,000 | 3,248,000 | 4,486,000 | 4,180,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,129,000 | 22,585,000 | 22,866,000 | 23,956,000 |
| Interest-bearing deposits | 20,143,000 | 19,950,000 | 20,657,000 | 21,910,000 |
| Noninterest-bearing deposits | 1,986,000 | 2,635,000 | 2,209,000 | 2,046,000 |
| Equity capital | 1,927,000 | 1,986,000 | 2,024,000 | 1,918,000 |
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 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 363,000 | 724,000 | 1,079,000 | 1,414,000 |
| Interest expense | 88,000 | 172,000 | 255,000 | 339,000 |
| Net interest income | 275,000 | 552,000 | 824,000 | 1,075,000 |
| Noninterest income | 69,000 | 140,000 | 195,000 | 250,000 |
| Noninterest expense | 308,000 | 604,000 | 896,000 | 1,184,000 |
| Provision for loan losses | 2,000 | 21,000 | 24,000 | 47,000 |
| Pretax income | 34,000 | 91,000 | 125,000 | 121,000 |
| Income tax | 9,000 | 16,000 | 23,000 | 22,000 |
| Net income | 25,000 | 75,000 | 102,000 | 99,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,774,000 | 1,829,000 | 1,860,000 | 1,867,000 |
| Total capital | 1,970,000 | 2,028,000 | 2,058,000 | 2,076,000 |
| Risk-weighted assets | 15,314,000 | 15,506,000 | 15,438,000 | 16,579,000 |