Call reports 2003
FARMERS & MERCHANTS SAVINGS BANK — 2003
What FARMERS & MERCHANTS SAVINGS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 82,221,000 | 83,365,000 | 86,522,000 | 85,775,000 |
| Total loans | 37,929,000 | 36,519,000 | 37,945,000 | 38,089,000 |
| Allowance for loan losses | 556,000 | 559,000 | 556,000 | 550,000 |
| Securities available for sale | 32,025,000 | 34,237,000 | 38,933,000 | 35,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,131,000 | 54,054,000 | 57,646,000 | 57,715,000 |
| Interest-bearing deposits | 48,887,000 | 49,271,000 | 53,359,000 | 52,725,000 |
| Noninterest-bearing deposits | 4,244,000 | 4,783,000 | 4,287,000 | 4,990,000 |
| Equity capital | 7,484,000 | 7,635,000 | 7,293,000 | 7,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 980,000 | 1,993,000 | 2,981,000 | 3,983,000 |
| Interest expense | 616,000 | 1,210,000 | 1,832,000 | 2,421,000 |
| Net interest income | 364,000 | 783,000 | 1,149,000 | 1,562,000 |
| Noninterest income | 84,000 | 194,000 | 273,000 | 368,000 |
| Noninterest expense | 417,000 | 852,000 | 1,269,000 | 1,879,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 173,000 | 412,000 | 503,000 | 459,000 |
| Income tax | 18,000 | 36,000 | 54,000 | 20,000 |
| Net income | 155,000 | 376,000 | 449,000 | 439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,177,000 | 7,281,000 | 7,354,000 | 7,344,000 |
| Total capital | 7,733,000 | 7,840,000 | 7,910,000 | 7,894,000 |
| Risk-weighted assets | 45,944,000 | 45,737,000 | 47,688,000 | 47,904,000 |