Call reports 2007
FARMERS & MECHANICS BANK — 2007
What FARMERS & MECHANICS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Total assets | 2,012,588,000 | 2,023,811,000 |
| Total loans | 1,197,036,000 | 1,184,974,000 |
| Allowance for loan losses | 10,306,000 | 9,424,000 |
| Securities available for sale | 341,781,000 | 376,601,000 |
| Securities held to maturity | 330,000 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,362,696,000 | 1,361,922,000 |
| Interest-bearing deposits | 1,091,094,000 | 1,091,793,000 |
| Noninterest-bearing deposits | 271,602,000 | 270,129,000 |
| Equity capital | 445,000,000 | 448,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Interest income | 25,042,000 | 51,466,000 |
| Interest expense | 9,154,000 | 18,877,000 |
| Net interest income | 15,888,000 | 32,589,000 |
| Noninterest income | 8,561,000 | 15,841,000 |
| Noninterest expense | 14,718,000 | 27,031,000 |
| Provision for loan losses | -250,000 | -950,000 |
| Pretax income | 9,910,000 | 22,427,000 |
| Income tax | 3,157,000 | 7,745,000 |
| Net income | 6,753,000 | 14,682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Tier 1 capital | 170,801,000 | 178,678,000 |
| Total capital | 231,570,000 | 238,435,000 |
| Risk-weighted assets | 1,476,684,000 | 1,496,511,000 |