Call reports 2008
MECHANICS & FARMERS BANK — 2008
What MECHANICS & FARMERS 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 | 277,015,000 | 272,486,000 | 273,876,000 | 271,263,000 |
| Total loans | 193,396,000 | 197,699,000 | 204,918,000 | 208,411,000 |
| Allowance for loan losses | 2,582,000 | 2,618,000 | 2,637,000 | 2,962,000 |
| Securities available for sale | 40,140,000 | 38,698,000 | 32,553,000 | 32,505,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,945,000 | 219,575,000 | 221,445,000 | 216,871,000 |
| Interest-bearing deposits | 179,956,000 | 175,661,000 | 172,872,000 | 177,348,000 |
| Noninterest-bearing deposits | 41,989,000 | 43,914,000 | 48,574,000 | 39,523,000 |
| Equity capital | 26,734,000 | 25,357,000 | 25,417,000 | 24,429,000 |
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 | 3,077,000 | 6,903,000 | 10,837,000 | 14,561,000 |
| Interest expense | 1,121,000 | 2,365,000 | 3,478,000 | 4,438,000 |
| Net interest income | 1,956,000 | 4,538,000 | 7,359,000 | 10,123,000 |
| Noninterest income | 414,000 | 980,000 | 1,558,000 | 2,030,000 |
| Noninterest expense | 2,370,000 | 5,941,000 | 8,870,000 | 12,031,000 |
| Provision for loan losses | 17,000 | 63,000 | 200,000 | 823,000 |
| Pretax income | -12,000 | -481,000 | -92,000 | -640,000 |
| Income tax | -59,000 | -304,000 | -220,000 | -483,000 |
| Net income | 1,822,000 | 1,639,000 | 1,976,000 | 1,555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,898,000 | 23,995,000 | 23,068,000 | 23,233,000 |
| Total capital | 29,480,000 | 26,613,000 | 25,705,000 | 26,156,000 |
| Risk-weighted assets | 211,797,000 | 231,600,000 | 234,445,000 | 236,472,000 |
Machine access — free, no API key
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