Call reports 2008
FARMERS & MERCHANTS BANK — 2008
What FARMERS & MERCHANTS BANK 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 | 211,319,000 | 201,412,000 | 198,171,000 | 199,822,000 |
| Total loans | 126,400,000 | 128,509,000 | 132,788,000 | 138,049,000 |
| Allowance for loan losses | 2,056,000 | 2,010,000 | 2,029,000 | 2,874,000 |
| Securities available for sale | 58,869,000 | 55,794,000 | 56,257,000 | 49,618,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,998,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,318,000 | 173,095,000 | 150,966,000 | 155,413,000 |
| Interest-bearing deposits | 157,893,000 | 148,607,000 | 131,760,000 | 132,752,000 |
| Noninterest-bearing deposits | 24,426,000 | 24,488,000 | 19,206,000 | 22,661,000 |
| Equity capital | 16,873,000 | 16,459,000 | 17,354,000 | 17,141,000 |
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 | 3,372,000 | 6,337,000 | 9,336,000 | 12,222,000 |
| Interest expense | 1,528,000 | 2,865,000 | 4,003,000 | 5,221,000 |
| Net interest income | 1,844,000 | 3,472,000 | 5,333,000 | 7,001,000 |
| Noninterest income | 199,000 | 375,000 | 552,000 | 720,000 |
| Noninterest expense | 1,238,000 | 2,591,000 | 3,950,000 | 5,357,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 1,120,000 |
| Pretax income | 769,000 | 1,211,000 | 1,831,000 | 1,353,000 |
| Income tax | 217,000 | 320,000 | 490,000 | 265,000 |
| Net income | 552,000 | 891,000 | 1,341,000 | 1,088,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,374,000 | 16,712,000 | 17,162,000 | 16,910,000 |
| Total capital | 18,110,000 | 18,426,000 | 18,871,000 | 18,708,000 |
| Risk-weighted assets | 138,590,000 | 136,840,000 | 136,371,000 | 142,790,000 |