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 | 306,704,000 | 323,732,000 | 327,436,000 | 324,836,000 |
| Total loans | 264,686,000 | 274,930,000 | 279,366,000 | 264,688,000 |
| Allowance for loan losses | 3,541,000 | 3,677,000 | 3,810,000 | 3,324,000 |
| Securities available for sale | 8,000,000 | 8,914,000 | 7,917,000 | 6,951,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,255,000 | 277,880,000 | 282,455,000 | 284,811,000 |
| Interest-bearing deposits | 219,804,000 | 246,319,000 | 250,161,000 | 254,568,000 |
| Noninterest-bearing deposits | 32,451,000 | 31,561,000 | 32,294,000 | 30,243,000 |
| Equity capital | 24,529,000 | 24,653,000 | 24,921,000 | 24,523,000 |
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 | 5,023,000 | 9,668,000 | 14,339,000 | 18,679,000 |
| Interest expense | 2,555,000 | 5,029,000 | 7,579,000 | 10,067,000 |
| Net interest income | 2,468,000 | 4,639,000 | 6,760,000 | 8,612,000 |
| Noninterest income | 641,000 | 1,305,000 | 1,979,000 | 2,751,000 |
| Noninterest expense | 1,779,000 | 3,588,000 | 5,454,000 | 7,285,000 |
| Provision for loan losses | 165,000 | 362,000 | 623,000 | 1,884,000 |
| Pretax income | 1,173,000 | 2,002,000 | 2,670,000 | 2,202,000 |
| Income tax | 429,000 | 726,000 | 966,000 | 756,000 |
| Net income | 744,000 | 1,276,000 | 1,704,000 | 1,446,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,498,000 | 24,661,000 | 24,923,000 | 24,499,000 |
| Total capital | 27,784,000 | 28,099,000 | 28,436,000 | 27,822,000 |
| Risk-weighted assets | 262,627,000 | 274,819,000 | 280,761,000 | 266,574,000 |