Call reports 2004
FARMERS AND MERCHANTS STATE BANK, THE — 2004
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 22,572,000 | 22,173,000 | 21,741,000 | 22,087,000 |
| Total loans | 10,609,000 | 11,213,000 | 9,798,000 | 8,830,000 |
| Allowance for loan losses | 153,000 | 154,000 | 153,000 | 150,000 |
| Securities available for sale | 8,337,000 | 8,231,000 | 8,735,000 | 9,395,000 |
| Securities held to maturity | 395,000 | 395,000 | 395,000 | 395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,312,000 | 19,999,000 | 19,403,000 | 19,840,000 |
| Interest-bearing deposits | 18,342,000 | 18,412,000 | 17,441,000 | 17,867,000 |
| Noninterest-bearing deposits | 1,970,000 | 1,587,000 | 1,962,000 | 1,973,000 |
| Equity capital | 2,155,000 | 2,116,000 | 2,254,000 | 2,160,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 282,000 | 564,000 | 848,000 | 1,104,000 |
| Interest expense | 72,000 | 143,000 | 212,000 | 279,000 |
| Net interest income | 210,000 | 421,000 | 636,000 | 825,000 |
| Noninterest income | 17,000 | 38,000 | 56,000 | 74,000 |
| Noninterest expense | 171,000 | 332,000 | 499,000 | 743,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 56,000 | 127,000 | 193,000 | 156,000 |
| Income tax | 2,000 | 3,000 | 7,000 | 37,000 |
| Net income | 54,000 | 124,000 | 186,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,080,000 | 2,150,000 | 2,212,000 | 2,145,000 |
| Total capital | 2,233,000 | 2,304,000 | 2,365,000 | 2,271,000 |
| Risk-weighted assets | 12,470,000 | 12,987,000 | 12,621,000 | 10,086,000 |