Call reports 2008
FARMERS & MERCHANTS STATE BANK, THE — 2008
What FARMERS & MERCHANTS STATE 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 | 791,510,000 | 802,606,000 | 789,562,000 | 805,564,000 |
| Total loans | 536,772,000 | 552,381,000 | 547,873,000 | 567,832,000 |
| Allowance for loan losses | 5,868,000 | 5,773,000 | 5,338,000 | 5,497,000 |
| Securities available for sale | 186,011,000 | 188,009,000 | 181,519,000 | 177,661,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 622,517,000 | 614,430,000 | 598,709,000 | 615,732,000 |
| Interest-bearing deposits | 564,954,000 | 555,187,000 | 540,440,000 | 553,150,000 |
| Noninterest-bearing deposits | 57,563,000 | 59,243,000 | 58,269,000 | 62,582,000 |
| Equity capital | 74,230,000 | 72,554,000 | 73,487,000 | 75,471,000 |
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 | 11,211,000 | 22,345,000 | 33,162,000 | 43,824,000 |
| Interest expense | 5,432,000 | 10,269,000 | 14,878,000 | 18,814,000 |
| Net interest income | 5,779,000 | 12,076,000 | 18,284,000 | 25,010,000 |
| Noninterest income | 1,607,000 | 3,215,000 | 4,662,000 | 6,078,000 |
| Noninterest expense | 5,044,000 | 10,011,000 | 15,317,000 | 20,495,000 |
| Provision for loan losses | 269,000 | 449,000 | 482,000 | 1,787,000 |
| Pretax income | 2,088,000 | 4,846,000 | 7,162,000 | 8,821,000 |
| Income tax | 542,000 | 1,282,000 | 1,886,000 | 2,283,000 |
| Net income | 1,546,000 | 3,564,000 | 5,276,000 | 6,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,317,000 | 67,597,000 | 67,877,000 | 68,218,000 |
| Total capital | 87,346,000 | 88,523,000 | 88,390,000 | 88,941,000 |
| Risk-weighted assets | 587,000,000 | 606,205,000 | 602,701,000 | 638,097,000 |
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