Call reports 2010
FARMERS AND MERCHANTS BANK — 2010
What FARMERS AND 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 | 103,282,000 | 103,662,000 | 103,724,000 | 105,197,000 |
| Total loans | 43,005,000 | 43,419,000 | 43,958,000 | 43,867,000 |
| Allowance for loan losses | 608,000 | 693,000 | 753,000 | 718,000 |
| Securities available for sale | 49,446,000 | 50,589,000 | 51,750,000 | 49,485,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,108,000 | 87,693,000 | 87,354,000 | 91,057,000 |
| Interest-bearing deposits | 75,792,000 | 75,350,000 | 74,839,000 | 79,210,000 |
| Noninterest-bearing deposits | 12,316,000 | 12,343,000 | 12,515,000 | 11,847,000 |
| Equity capital | 13,526,000 | 14,209,000 | 14,593,000 | 13,140,000 |
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 | 1,250,000 | 2,513,000 | 3,783,000 | 5,041,000 |
| Interest expense | 257,000 | 519,000 | 772,000 | 1,010,000 |
| Net interest income | 993,000 | 1,994,000 | 3,011,000 | 4,031,000 |
| Noninterest income | 124,000 | 248,000 | 326,000 | 422,000 |
| Noninterest expense | 680,000 | 1,363,000 | 2,082,000 | 2,806,000 |
| Provision for loan losses | 87,000 | 160,000 | 219,000 | 244,000 |
| Pretax income | 392,000 | 791,000 | 1,108,000 | 1,475,000 |
| Income tax | 35,000 | 24,000 | 47,000 | 18,000 |
| Net income | 357,000 | 767,000 | 1,061,000 | 1,457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,531,000 | 13,935,000 | 14,049,000 | 14,180,000 |
| Total capital | 14,139,000 | 14,628,000 | 14,802,000 | 14,898,000 |
| Risk-weighted assets | 67,113,000 | 67,410,000 | 66,910,000 | 68,689,000 |