Call reports 2003
FARMERS AND MERCHANTS STATE BANK, THE — 2003
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 21,544,000 | 21,830,000 | 21,784,000 | 22,024,000 |
| Total loans | 10,187,000 | 10,954,000 | 9,995,000 | 11,082,000 |
| Allowance for loan losses | 155,000 | 167,000 | 168,000 | 145,000 |
| Securities available for sale | 6,132,000 | 5,996,000 | 6,807,000 | 7,428,000 |
| Securities held to maturity | 595,000 | 395,000 | 395,000 | 395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,286,000 | 19,561,000 | 19,522,000 | 19,803,000 |
| Interest-bearing deposits | 17,826,000 | 17,948,000 | 17,954,000 | 17,951,000 |
| Noninterest-bearing deposits | 1,460,000 | 1,613,000 | 1,568,000 | 1,851,000 |
| Equity capital | 2,117,000 | 2,132,000 | 2,144,000 | 2,118,000 |
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 | 291,000 | 570,000 | 832,000 | 1,107,000 |
| Interest expense | 94,000 | 183,000 | 266,000 | 342,000 |
| Net interest income | 197,000 | 387,000 | 566,000 | 765,000 |
| Noninterest income | 14,000 | 30,000 | 52,000 | 74,000 |
| Noninterest expense | 152,000 | 329,000 | 477,000 | 703,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 59,000 | 88,000 | 141,000 | 121,000 |
| Income tax | 0 | 14,000 | 22,000 | 23,000 |
| Net income | 59,000 | 74,000 | 119,000 | 98,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,017,000 | 2,032,000 | 2,077,000 | 2,056,000 |
| Total capital | 2,150,000 | 2,183,000 | 2,200,000 | 2,195,000 |
| Risk-weighted assets | 10,622,000 | 12,048,000 | 9,826,000 | 11,088,000 |