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10-Q Filing

Farmers & Merchants Bancshares, Inc. CIK: 1698022 Q2 2017
Filing Information
Form Type 10-Q
Accession Number 0001144204-17-042273
Period End Date 20170630
Filing Date 20170811
Fiscal Year 2017
Fiscal Period Q2
XBRL Instance fmfg-20170630.xml
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Loans and Leases Receivable, Allowance LoansAndLeasesReceivableAllowance $2.36M USD Point-in-time
Loans and Leases Receivable, Allowance LoansAndLeasesReceivableAllowance $2.49M USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and due from banks CashAndDueFromBanks $8.07M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $12.33M USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 5.00M shares Point-in-time
Federal funds sold and other interest-bearing deposits FederalFundsSoldAndOtherInterestbearingDeposits $978.56K USD Point-in-time
Federal funds sold and other interest-bearing deposits FederalFundsSoldAndOtherInterestbearingDeposits $1.06M USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 5.00M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 1.66M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.27M USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 1.66M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $20.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $9.13M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.31M USD Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 1.66M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 1.66M shares Point-in-time
Certificate of deposit in other bank TimeDepositsAtCarryingValue $100.00K USD Point-in-time
Certificate of deposit in other bank TimeDepositsAtCarryingValue $100.00K USD Point-in-time
Securities available for sale AvailableForSaleSecurities $34.39M USD Point-in-time
Securities available for sale AvailableForSaleSecurities $31.77M USD Point-in-time
Securities held to maturity HeldToMaturitySecurities $18.75M USD Point-in-time
Securities held to maturity HeldToMaturitySecurities $17.99M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $1.11M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $778.30K USD Point-in-time
Mortgage loans held for sale MortgageLoansOnRealEstateCarryingAmountOfMortgages $884.50K USD Point-in-time
Mortgage loans held for sale MortgageLoansOnRealEstateCarryingAmountOfMortgages $473.50K USD Point-in-time
Loans, less allowance for loan losses of $2,490,013 and $2,363,086 LoansAndLeasesReceivableNetReportedAmount $324.04M USD Point-in-time
Loans, less allowance for loan losses of $2,490,013 and $2,363,086 LoansAndLeasesReceivableNetReportedAmount $295.29M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $5.30M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $5.45M USD Point-in-time
Accrued interest receivable InterestReceivable $956.96K USD Point-in-time
Accrued interest receivable InterestReceivable $942.65K USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $1.03M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $956.89K USD Point-in-time
Other real estate owned OtherRealEstate $414.00K USD Point-in-time
Other real estate owned OtherRealEstate $414.00K USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $6.81M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $6.72M USD Point-in-time
Other assets OtherAssets $2.52M USD Point-in-time
Other assets OtherAssets $576.40K USD Point-in-time
Assets Assets $379.83M USD Point-in-time
Assets Assets $400.38M USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $62.79M USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $60.84M USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $239.92M USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $257.01M USD Point-in-time
Total deposits Deposits $302.72M USD Point-in-time
Total deposits Deposits $317.84M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $27.23M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $21.00M USD Point-in-time
Federal Home Loan Bank of Atlanta advances AdvancesFromFederalHomeLoanBanks $9.00M USD Point-in-time
Federal Home Loan Bank of Atlanta advances AdvancesFromFederalHomeLoanBanks $18.00M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $186.96K USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $141.90K USD Point-in-time
Other liabilities OtherLiabilities $2.10M USD Point-in-time
Other liabilities OtherLiabilities $1.74M USD Point-in-time
Liabilities Liabilities $359.14M USD Point-in-time
Liabilities Liabilities $340.82M USD Point-in-time
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 1,656,390 shares in 2017 and 2016 CommonStockValue $16.56K USD Point-in-time
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 1,656,390 shares in 2017 and 2016 CommonStockValue $16.56K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $26.56M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $26.56M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.71M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $14.83M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-169.57K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-280.31K USD Point-in-time
Stockholders' Equity Attributable to Parent StockholdersEquity $36.22M USD Point-in-time
Stockholders' Equity Attributable to Parent StockholdersEquity $38.08M USD Point-in-time
Stockholders' Equity Attributable to Parent StockholdersEquity $39.01M USD Point-in-time
Stockholders' Equity Attributable to Parent StockholdersEquity $41.24M USD Point-in-time
Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $400.38M USD Point-in-time
Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $379.83M USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Loans, including fees InterestAndFeeIncomeLoansAndLeases $3.38M USD 1 Quarter
Loans, including fees InterestAndFeeIncomeLoansAndLeases $6.85M USD 2 Qtrs
Loans, including fees InterestAndFeeIncomeLoansAndLeases $3.77M USD 1 Quarter
Loans, including fees InterestAndFeeIncomeLoansAndLeases $7.38M USD 2 Qtrs
Investment securities - taxable InterestIncomeSecuritiesTaxable $207.36K USD 1 Quarter
Investment securities - taxable InterestIncomeSecuritiesTaxable $369.55K USD 2 Qtrs
Investment securities - taxable InterestIncomeSecuritiesTaxable $173.81K USD 1 Quarter
Investment securities - taxable InterestIncomeSecuritiesTaxable $389.14K USD 2 Qtrs
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $123.19K USD 1 Quarter
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $229.92K USD 2 Qtrs
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $302.11K USD 2 Qtrs
Investment securities - tax exempt InterestIncomeSecuritiesTaxExempt $154.85K USD 1 Quarter
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundsSoldAndOtherInterestEarningAssets $17.43K USD 1 Quarter
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundsSoldAndOtherInterestEarningAssets $28.04K USD 1 Quarter
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundsSoldAndOtherInterestEarningAssets $45.48K USD 2 Qtrs
Federal funds sold and other interest earning assets InterestIncomeFromFederalFundsSoldAndOtherInterestEarningAssets $35.01K USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $8.10M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $7.50M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $3.73M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $4.12M USD 1 Quarter
Deposits InterestExpenseDeposits $265.88K USD 1 Quarter
Deposits InterestExpenseDeposits $525.55K USD 2 Qtrs
Deposits InterestExpenseDeposits $332.88K USD 1 Quarter
Deposits InterestExpenseDeposits $643.68K USD 2 Qtrs
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $60.90K USD 2 Qtrs
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $32.43K USD 1 Quarter
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $84.29K USD 2 Qtrs
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $37.77K USD 1 Quarter
Federal Home Loan Bank advances and other borrowings InterestExpenseBorrowings $24.23K USD 1 Quarter
Federal Home Loan Bank advances and other borrowings InterestExpenseBorrowings $41.97K USD 1 Quarter
Federal Home Loan Bank advances and other borrowings InterestExpenseBorrowings $50.69K USD 2 Qtrs
Federal Home Loan Bank advances and other borrowings InterestExpenseBorrowings $70.36K USD 2 Qtrs
Total interest expense InterestExpense $637.14K USD 2 Qtrs
Total interest expense InterestExpense $322.54K USD 1 Quarter
Total interest expense InterestExpense $798.33K USD 2 Qtrs
Total interest expense InterestExpense $412.62K USD 1 Quarter
Net interest income InterestIncomeExpenseNet $6.87M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $3.41M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.71M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $7.30M USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $125.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $75.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $7.18M USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $6.87M USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.63M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.41M USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $180.88K USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $176.11K USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $353.00K USD 2 Qtrs
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $371.06K USD 2 Qtrs
Mortgage banking income FeesAndCommissionsMortgageBanking $50.95K USD 1 Quarter
Mortgage banking income FeesAndCommissionsMortgageBanking $162.14K USD 2 Qtrs
Mortgage banking income FeesAndCommissionsMortgageBanking $108.73K USD 2 Qtrs
Mortgage banking income FeesAndCommissionsMortgageBanking $86.20K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $43.33K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $45.85K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $86.24K USD 2 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $88.54K USD 2 Qtrs
Gain on sale of SBA loan GainLossOnSalesOfLoansNet - USD 2 Qtrs
Gain on sale of SBA loan GainLossOnSalesOfLoansNet $217.56K USD 1 Quarter
Gain on sale of SBA loan GainLossOnSalesOfLoansNet - USD 1 Quarter
Gain on sale of SBA loan GainLossOnSalesOfLoansNet $217.56K USD 2 Qtrs
Other fees and commissions FeesAndCommissionsOther $59.24K USD 2 Qtrs
Other fees and commissions FeesAndCommissionsOther $28.14K USD 1 Quarter
Other fees and commissions FeesAndCommissionsOther $62.41K USD 2 Qtrs
Other fees and commissions FeesAndCommissionsOther $33.78K USD 1 Quarter
Total noninterest income NoninterestIncome $824.78K USD 2 Qtrs
Total noninterest income NoninterestIncome $684.15K USD 2 Qtrs
Total noninterest income NoninterestIncome $521.74K USD 1 Quarter
Total noninterest income NoninterestIncome $341.07K USD 1 Quarter
Salaries LaborAndRelatedExpense $2.39M USD 2 Qtrs
Salaries LaborAndRelatedExpense $1.23M USD 1 Quarter
Salaries LaborAndRelatedExpense $2.21M USD 2 Qtrs
Salaries LaborAndRelatedExpense $1.12M USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $303.10K USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $323.63K USD 1 Quarter
Employee benefits EmployeeBenefitsAndShareBasedCompensation $634.67K USD 2 Qtrs
Employee benefits EmployeeBenefitsAndShareBasedCompensation $679.17K USD 2 Qtrs
Occupancy OccupancyCosts $167.62K USD 1 Quarter
Occupancy OccupancyCosts $159.35K USD 1 Quarter
Occupancy OccupancyCosts $330.61K USD 2 Qtrs
Occupancy OccupancyCosts $351.42K USD 2 Qtrs
Furniture and equipment EquipmentExpense $165.25K USD 1 Quarter
Furniture and equipment EquipmentExpense $169.89K USD 1 Quarter
Furniture and equipment EquipmentExpense $305.60K USD 2 Qtrs
Furniture and equipment EquipmentExpense $334.66K USD 2 Qtrs
Other OtherNoninterestExpense $1.20M USD 2 Qtrs
Other OtherNoninterestExpense $595.54K USD 1 Quarter
Other OtherNoninterestExpense $680.88K USD 1 Quarter
Other OtherNoninterestExpense $1.32M USD 2 Qtrs
Total noninterest expense NoninterestExpense $2.34M USD 1 Quarter
Total noninterest expense NoninterestExpense $2.57M USD 1 Quarter
Total noninterest expense NoninterestExpense $5.08M USD 2 Qtrs
Total noninterest expense NoninterestExpense $4.68M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $2.87M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.41M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $2.92M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.58M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $803.12K USD 2 Qtrs
Income taxes IncomeTaxExpenseBenefit $496.60K USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $1.01M USD 2 Qtrs
Income taxes IncomeTaxExpenseBenefit $446.00K USD 1 Quarter
Net income NetIncomeLoss $1.85M USD 2 Qtrs
Net income NetIncomeLoss $1.13M USD 1 Quarter
Net income NetIncomeLoss $913.48K USD 1 Quarter
Net income NetIncomeLoss $2.12M USD 2 Qtrs
Earnings per share - basic and diluted EarningsPerShareBasicAndDiluted $1.28 USD 2 Qtrs
Earnings per share - basic and diluted EarningsPerShareBasicAndDiluted $0.69 USD 1 Quarter
Earnings per share - basic and diluted EarningsPerShareBasicAndDiluted $1.12 USD 2 Qtrs
Earnings per share - basic and diluted EarningsPerShareBasicAndDiluted $0.55 USD 1 Quarter
Cash Flow Statement 86 line items
Line Item Tag Value Unit Period
Interest received ProceedsFromInterestReceived $8.19M USD 2 Qtrs
Interest received ProceedsFromInterestReceived $7.50M USD 2 Qtrs
Fees and commissions received ProceedsFromCommissionsReceived $595.61K USD 2 Qtrs
Fees and commissions received ProceedsFromCommissionsReceived $738.54K USD 2 Qtrs
Interest paid InterestPaid $644.48K USD 2 Qtrs
Interest paid InterestPaid $753.27K USD 2 Qtrs
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $7.40M USD 2 Qtrs
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $5.24M USD 2 Qtrs
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.52M USD 2 Qtrs
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $4.83M USD 2 Qtrs
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $3.80M USD 2 Qtrs
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $2.55M USD 2 Qtrs
Income taxes paid, net of refunds received IncomeTaxesPaidNet $1.22M USD 2 Qtrs
Income taxes paid, net of refunds received IncomeTaxesPaidNet $767.25K USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $5.27M USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $1.31M USD 2 Qtrs
Available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $3.42M USD 2 Qtrs
Available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $3.86M USD 2 Qtrs
Held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $748.93K USD 2 Qtrs
Held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.05M USD 2 Qtrs
Available for sale ProceedsFromSaleOfAvailableForSaleSecurities - USD 2 Qtrs
Available for sale ProceedsFromSaleOfAvailableForSaleSecurities $298.38K USD 2 Qtrs
Available for sale PaymentsToAcquireAvailableForSaleSecurities $1.13M USD 2 Qtrs
Available for sale PaymentsToAcquireAvailableForSaleSecurities $15.34M USD 2 Qtrs
Held to maturity PaymentsToAcquireHeldToMaturitySecurities $2.80M USD 2 Qtrs
Held to maturity PaymentsToAcquireHeldToMaturitySecurities $1.81M USD 2 Qtrs
Loans made to customers, net of principal collected PaymentsForProceedsFromLoansReceivable $16.74M USD 2 Qtrs
Loans made to customers, net of principal collected PaymentsForProceedsFromLoansReceivable $28.97M USD 2 Qtrs
(Purchase) redemption of stock in FHLB of Atlanta PaymentsForProceedsFromFederalHomeLoanBankStock $232.70K USD 2 Qtrs
(Purchase) redemption of stock in FHLB of Atlanta PaymentsForProceedsFromFederalHomeLoanBankStock $327.80K USD 2 Qtrs
Purchases of premises, equipment and software PaymentsToAcquireProductiveAssets $37.29K USD 2 Qtrs
Purchases of premises, equipment and software PaymentsToAcquireProductiveAssets $81.13K USD 2 Qtrs
Cash used by investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-30.72M USD 2 Qtrs
Cash used by investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-27.36M USD 2 Qtrs
Noninterest-bearing deposits NetChangeNoninterestBearingDepositsDomestic $3.64M USD 2 Qtrs
Noninterest-bearing deposits NetChangeNoninterestBearingDepositsDomestic $-1.95M USD 2 Qtrs
Interest-bearing deposits NetChangeInterestBearingDepositsDomestic $8.02M USD 2 Qtrs
Interest-bearing deposits NetChangeInterestBearingDepositsDomestic $17.08M USD 2 Qtrs
Securities sold under repurchase agreements ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-6.22M USD 2 Qtrs
Securities sold under repurchase agreements ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $4.18M USD 2 Qtrs
Federal Home Loan Bank of Atlanta advances ProceedsFrompaymentsForFederalHomeLoanBankAdvances $5.00M USD 2 Qtrs
Federal Home Loan Bank of Atlanta advances ProceedsFrompaymentsForFederalHomeLoanBankAdvances $9.00M USD 2 Qtrs
Dividends paid, net of reinvestments PaymentsOfDividends - USD 2 Qtrs
Dividends paid, net of reinvestments PaymentsOfDividends $345.49K USD 2 Qtrs
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $17.91M USD 2 Qtrs
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $20.49M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-8.93M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-4.18M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $11.27M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $20.19M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $9.13M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $13.31M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $11.27M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $20.19M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $9.13M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $13.31M USD Point-in-time
Net income NetIncomeLoss $1.85M USD 2 Qtrs
Net income NetIncomeLoss $1.13M USD 1 Quarter
Net income NetIncomeLoss $913.48K USD 1 Quarter
Net income NetIncomeLoss $2.12M USD 2 Qtrs
Depreciation and amortization DepreciationAmortizationAndAccretionNet $223.69K USD 2 Qtrs
Depreciation and amortization DepreciationAmortizationAndAccretionNet $216.77K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $125.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $75.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 2 Qtrs
Mutual fund dividend reinvested OtherInterestAndDividendIncome - USD 2 Qtrs
Mutual fund dividend reinvested OtherInterestAndDividendIncome $5.16K USD 2 Qtrs
Decrease (increase) in mortgage loans held for sale IncreaseDecreaseInMortgageLoansHeldForSale $411.00K USD 2 Qtrs
Decrease (increase) in mortgage loans held for sale IncreaseDecreaseInMortgageLoansHeldForSale $-1.12M USD 2 Qtrs
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $79.14K USD 2 Qtrs
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $65.50K USD 2 Qtrs
Deferred loan fees IncreaseDecreaseInOtherDeferredLiability $48.05K USD 2 Qtrs
Deferred loan fees IncreaseDecreaseInOtherDeferredLiability $86.76K USD 2 Qtrs
Accrued interest payable IncreaseDecreaseInInterestPayableNet $45.06K USD 2 Qtrs
Accrued interest payable IncreaseDecreaseInInterestPayableNet $-7.34K USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $366.78K USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $334.15K USD 2 Qtrs
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $14.32K USD 2 Qtrs
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-52.59K USD 2 Qtrs
Bank owned life insurance cash surrender value IncreaseDecreaseInInsuranceSettlementsReceivable $-86.24K USD 2 Qtrs
Bank owned life insurance cash surrender value IncreaseDecreaseInInsuranceSettlementsReceivable $-88.54K USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $37.15K USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $1.92M USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $5.27M USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $1.31M USD 2 Qtrs
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $230.78K USD 2 Qtrs
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $64.13K USD 1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $69.59K USD 1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $72.13K USD 2 Qtrs
Common Stock, Dividends, Per Share, Cash Paid CommonStockDividendsPerShareCashPaid $0.34 USD 2 Qtrs
Common Stock, Dividends, Per Share, Cash Paid CommonStockDividendsPerShareCashPaid - USD 2 Qtrs
Beginning Balance StockholdersEquity $36.22M USD Point-in-time
Beginning Balance StockholdersEquity $38.08M USD Point-in-time
Beginning Balance StockholdersEquity $39.01M USD Point-in-time
Beginning Balance StockholdersEquity $41.24M USD Point-in-time
Net income NetIncomeLoss $1.85M USD 2 Qtrs
Net income NetIncomeLoss $1.13M USD 1 Quarter
Net income NetIncomeLoss $913.48K USD 1 Quarter
Net income NetIncomeLoss $2.12M USD 2 Qtrs
Unrealized gain on securities available for sale net of income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $98.45K USD 1 Quarter
Unrealized gain on securities available for sale net of income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $106.83K USD 1 Quarter
Unrealized gain on securities available for sale net of income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $110.74K USD 2 Qtrs
Unrealized gain on securities available for sale net of income tax expense OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $354.29K USD 2 Qtrs
Cash dividends, $0.34 per share DividendsCash $-560.16K USD 2 Qtrs
Dividends reinvested StockIssuedDuringPeriodValueDividendReinvestmentPlan $214.67K USD 2 Qtrs
Ending Balance StockholdersEquity $36.22M USD Point-in-time
Ending Balance StockholdersEquity $38.08M USD Point-in-time
Ending Balance StockholdersEquity $39.01M USD Point-in-time
Ending Balance StockholdersEquity $41.24M USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $1.85M USD 2 Qtrs
Net income NetIncomeLoss $1.13M USD 1 Quarter
Net income NetIncomeLoss $913.48K USD 1 Quarter
Net income NetIncomeLoss $2.12M USD 2 Qtrs
Net unrealized gain arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $585.07K USD 2 Qtrs
Net unrealized gain arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $182.87K USD 2 Qtrs
Net unrealized gain arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $176.42K USD 1 Quarter
Net unrealized gain arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $162.58K USD 1 Quarter
Income tax expense relating to investment securities available for sale OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $230.78K USD 2 Qtrs
Income tax expense relating to investment securities available for sale OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $64.13K USD 1 Quarter
Income tax expense relating to investment securities available for sale OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $69.59K USD 1 Quarter
Income tax expense relating to investment securities available for sale OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $72.13K USD 2 Qtrs
Total other comprehensive income OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $98.45K USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $106.83K USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $110.74K USD 2 Qtrs
Total other comprehensive income OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $354.29K USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $2.21M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $1.24M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $2.23M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $1.01M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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