Call reports 2017
FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — 2017
What FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Total assets | 36,404,000 | 34,199,000 | 33,012,000 |
| Total loans | 30,668,000 | 28,211,000 | 23,023,000 |
| Allowance for loan losses | 1,214,000 | 962,000 | 1,393,000 |
| Securities available for sale | 1,960,000 | 1,940,000 | 1,737,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 30,655,000 | 29,612,000 | 27,466,000 |
| Interest-bearing deposits | 24,786,000 | 23,399,000 | 22,133,000 |
| Noninterest-bearing deposits | 5,869,000 | 6,213,000 | 5,333,000 |
| Equity capital | 2,181,000 | 984,000 | -361,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Interest income | 401,000 | 786,000 | 1,142,000 |
| Interest expense | 65,000 | 137,000 | 211,000 |
| Net interest income | 336,000 | 649,000 | 931,000 |
| Noninterest income | 29,000 | 77,000 | 119,000 |
| Noninterest expense | 460,000 | 979,000 | 1,459,000 |
| Provision for loan losses | 100,000 | 816,000 | 1,999,000 |
| Pretax income | -195,000 | -1,071,000 | -2,409,000 |
| Income tax | 0 | 334,000 | 334,000 |
| Net income | -195,000 | -1,405,000 | -2,743,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Tier 1 capital | 2,199,000 | 989,000 | -436,000 |
| Total capital | 2,539,000 | 1,293,000 | -182,000 |
| Risk-weighted assets | 26,361,000 | 23,650,000 | 19,136,000 |