Call reports 2008
FARMERS AND MERCHANTS BANK, THE — 2008
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 89,173,000 | 88,517,000 | 89,685,000 | 91,243,000 |
| Total loans | 63,115,000 | 65,187,000 | 66,592,000 | 66,120,000 |
| Allowance for loan losses | 779,000 | 811,000 | 859,000 | 931,000 |
| Securities available for sale | 9,716,000 | 9,845,000 | 10,342,000 | 11,461,000 |
| Securities held to maturity | 3,019,000 | 2,899,000 | 2,732,000 | 2,698,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,016,000 | 68,235,000 | 71,486,000 | 70,145,000 |
| Interest-bearing deposits | 63,291,000 | 59,312,000 | 48,247,000 | 58,991,000 |
| Noninterest-bearing deposits | 9,725,000 | 8,923,000 | 23,239,000 | 11,154,000 |
| Equity capital | 11,093,000 | 11,025,000 | 11,129,000 | 11,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,458,000 | 2,865,000 | 4,324,000 | 5,729,000 |
| Interest expense | 600,000 | 1,120,000 | 1,646,000 | 2,111,000 |
| Net interest income | 858,000 | 1,745,000 | 2,678,000 | 3,618,000 |
| Noninterest income | 117,000 | 252,000 | 383,000 | 503,000 |
| Noninterest expense | 556,000 | 1,198,000 | 1,811,000 | 2,430,000 |
| Provision for loan losses | 45,000 | 90,000 | 165,000 | 265,000 |
| Pretax income | 388,000 | 732,000 | 1,108,000 | 1,449,000 |
| Income tax | 129,000 | 248,000 | 375,000 | 489,000 |
| Net income | 259,000 | 484,000 | 733,000 | 960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,986,000 | 11,051,000 | 11,099,000 | 11,033,000 |
| Total capital | 11,765,000 | 11,862,000 | 11,958,000 | 11,888,000 |
| Risk-weighted assets | 68,277,000 | 67,623,000 | 68,777,000 | 68,354,000 |