Call reports 2003
FARMERS & MECHANICS BANK — 2003
What FARMERS & MECHANICS 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 | 2,093,785,000 | 2,143,802,000 | 2,117,619,000 | 1,542,808,000 |
| Total loans | 1,334,587,000 | 1,355,619,000 | 1,352,525,000 | 890,011,000 |
| Allowance for loan losses | 13,673,000 | 12,980,000 | 12,660,000 | 12,013,000 |
| Securities available for sale | 623,130,000 | 646,820,000 | 434,763,000 | 535,438,000 |
| Securities held to maturity | 0 | 0 | 0 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,653,676,000 | 1,698,827,000 | 1,694,567,000 | 1,077,653,000 |
| Interest-bearing deposits | 1,355,251,000 | 1,386,763,000 | 1,384,305,000 | 852,904,000 |
| Noninterest-bearing deposits | 298,425,000 | 312,064,000 | 310,262,000 | 224,749,000 |
| Equity capital | 181,447,000 | 186,299,000 | 169,284,000 | 188,457,000 |
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 | 27,212,000 | 53,686,000 | 13,229,000 | 46,015,000 |
| Interest expense | 7,763,000 | 15,328,000 | 2,240,000 | 8,751,000 |
| Net interest income | 19,449,000 | 38,358,000 | 10,989,000 | 37,264,000 |
| Noninterest income | 7,864,000 | 17,061,000 | 4,547,000 | 12,002,000 |
| Noninterest expense | 16,622,000 | 33,294,000 | 8,886,000 | 28,026,000 |
| Provision for loan losses | 525,000 | 1,225,000 | 0 | -3,949,000 |
| Pretax income | 10,633,000 | 21,416,000 | 6,315,000 | 24,948,000 |
| Income tax | 3,384,000 | 6,613,000 | 2,008,000 | 8,603,000 |
| Net income | 7,249,000 | 14,803,000 | 4,307,000 | 16,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 170,236,000 | 174,904,000 | 123,385,000 | 166,682,000 |
| Total capital | 183,909,000 | 187,884,000 | 136,049,000 | 218,596,000 |
| Risk-weighted assets | 1,489,428,000 | 1,482,315,000 | 1,462,650,000 | 1,060,695,000 |