Call reports 2010
FARMERS & MERCHANTS BANK — 2010
What FARMERS & MERCHANTS BANK 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 | 92,012,000 | 94,455,000 | 95,866,000 | 96,180,000 |
| Total loans | 53,280,000 | 56,035,000 | 57,424,000 | 57,371,000 |
| Allowance for loan losses | 538,000 | 608,000 | 610,000 | 910,000 |
| Securities available for sale | 27,848,000 | 28,976,000 | 30,051,000 | 30,822,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,938,000 | 84,959,000 | 86,796,000 | 86,953,000 |
| Interest-bearing deposits | 68,489,000 | 69,632,000 | 70,576,000 | 70,509,000 |
| Noninterest-bearing deposits | 14,449,000 | 15,328,000 | 16,220,000 | 16,444,000 |
| Equity capital | 7,681,000 | 7,976,000 | 8,416,000 | 7,793,000 |
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 | 1,078,000 | 2,155,000 | 3,242,000 | 4,330,000 |
| Interest expense | 252,000 | 480,000 | 678,000 | 846,000 |
| Net interest income | 826,000 | 1,675,000 | 2,564,000 | 3,484,000 |
| Noninterest income | 99,000 | 244,000 | 403,000 | 538,000 |
| Noninterest expense | 681,000 | 1,368,000 | 2,071,000 | 2,806,000 |
| Provision for loan losses | 175,000 | 250,000 | 325,000 | 711,000 |
| Pretax income | 193,000 | 425,000 | 696,000 | 630,000 |
| Income tax | 42,000 | 64,000 | 87,000 | 39,000 |
| Net income | 151,000 | 361,000 | 609,000 | 591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,227,000 | 7,417,000 | 7,667,000 | 7,649,000 |
| Total capital | 7,765,000 | 8,025,000 | 8,277,000 | 8,334,000 |
| Risk-weighted assets | 52,044,000 | 54,310,000 | 55,578,000 | 54,546,000 |