Call reports 2007
FARMERS AND MERCHANTS BANK, THE — 2007
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 81,836,000 | 83,285,000 | 92,159,000 | 92,260,000 |
| Total loans | 61,581,000 | 61,970,000 | 62,782,000 | 64,590,000 |
| Allowance for loan losses | 756,000 | 757,000 | 804,000 | 833,000 |
| Securities available for sale | 9,160,000 | 9,230,000 | 10,243,000 | 10,574,000 |
| Securities held to maturity | 4,094,000 | 3,972,000 | 3,760,000 | 3,223,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,940,000 | 65,169,000 | 74,337,000 | 75,442,000 |
| Interest-bearing deposits | 54,761,000 | 52,635,000 | 61,747,000 | 58,637,000 |
| Noninterest-bearing deposits | 7,179,000 | 12,534,000 | 12,590,000 | 16,805,000 |
| Equity capital | 10,634,000 | 10,666,000 | 10,730,000 | 10,781,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,400,000 | 2,847,000 | 4,370,000 | 5,909,000 |
| Interest expense | 585,000 | 1,205,000 | 1,932,000 | 2,629,000 |
| Net interest income | 815,000 | 1,642,000 | 2,438,000 | 3,280,000 |
| Noninterest income | 120,000 | 272,000 | 410,000 | 552,000 |
| Noninterest expense | 564,000 | 1,119,000 | 1,705,000 | 2,303,000 |
| Provision for loan losses | 25,000 | 70,000 | 115,000 | 195,000 |
| Pretax income | 346,000 | 725,000 | 1,028,000 | 1,336,000 |
| Income tax | 115,000 | 244,000 | 346,000 | 465,000 |
| Net income | 231,000 | 481,000 | 682,000 | 871,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,639,000 | 10,727,000 | 10,728,000 | 10,727,000 |
| Total capital | 11,395,000 | 11,484,000 | 11,532,000 | 11,560,000 |
| Risk-weighted assets | 61,373,000 | 62,265,000 | 71,115,000 | 70,295,000 |