Call reports 2008
FARMERS AND MERCHANTS STATE BANK OF APPLETON — 2008
What FARMERS AND MERCHANTS STATE BANK OF APPLETON 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 | 35,923,000 | 37,381,000 | 38,627,000 | 40,870,000 |
| Total loans | 19,981,000 | 21,666,000 | 23,462,000 | 25,432,000 |
| Allowance for loan losses | 442,000 | 441,000 | 438,000 | 425,000 |
| Securities available for sale | 3,187,000 | 3,115,000 | 4,119,000 | 3,782,000 |
| Securities held to maturity | 8,145,000 | 8,033,000 | 8,033,000 | 9,913,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,799,000 | 32,212,000 | 33,317,000 | 35,457,000 |
| Interest-bearing deposits | 23,640,000 | 23,768,000 | 24,038,000 | 25,065,000 |
| Noninterest-bearing deposits | 7,159,000 | 8,444,000 | 9,279,000 | 10,392,000 |
| Equity capital | 4,964,000 | 4,949,000 | 5,104,000 | 5,206,000 |
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 | 572,000 | 1,092,000 | 1,625,000 | 2,144,000 |
| Interest expense | 169,000 | 317,000 | 451,000 | 582,000 |
| Net interest income | 403,000 | 775,000 | 1,174,000 | 1,562,000 |
| Noninterest income | 27,000 | 53,000 | 84,000 | 112,000 |
| Noninterest expense | 196,000 | 444,000 | 669,000 | 963,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 234,000 | 384,000 | 589,000 | 711,000 |
| Income tax | 6,000 | 5,000 | 5,000 | 5,000 |
| Net income | 228,000 | 379,000 | 584,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,815,000 | 4,875,000 | 5,021,000 | 5,058,000 |
| Total capital | 5,107,000 | 5,186,000 | 5,353,000 | 5,415,000 |
| Risk-weighted assets | 23,205,000 | 24,791,000 | 26,523,000 | 28,500,000 |