Call reports 2005
FARMERS AND MERCHANTS STATE BANK, THE — 2005
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 22,061,000 | 21,087,000 | 20,106,000 | 20,480,000 |
| Total loans | 8,534,000 | 8,857,000 | 8,965,000 | 8,818,000 |
| Allowance for loan losses | 151,000 | 137,000 | 137,000 | 137,000 |
| Securities available for sale | 10,560,000 | 10,114,000 | 9,004,000 | 8,719,000 |
| Securities held to maturity | 395,000 | 395,000 | 395,000 | 360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,923,000 | 18,871,000 | 17,895,000 | 18,312,000 |
| Interest-bearing deposits | 18,123,000 | 17,163,000 | 16,148,000 | 16,099,000 |
| Noninterest-bearing deposits | 1,800,000 | 1,708,000 | 1,747,000 | 2,212,000 |
| Equity capital | 2,080,000 | 2,155,000 | 2,147,000 | 2,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 280,000 | 559,000 | 845,000 | 1,126,000 |
| Interest expense | 70,000 | 143,000 | 220,000 | 302,000 |
| Net interest income | 210,000 | 416,000 | 625,000 | 824,000 |
| Noninterest income | 15,000 | 32,000 | 48,000 | 67,000 |
| Noninterest expense | 169,000 | 356,000 | 525,000 | 733,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 56,000 | 70,000 | 125,000 | 117,000 |
| Income tax | 1,000 | 16,000 | 25,000 | 35,000 |
| Net income | 55,000 | 54,000 | 100,000 | 82,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,169,000 | 2,168,000 | 2,214,000 | 2,196,000 |
| Total capital | 2,301,000 | 2,292,000 | 2,351,000 | 2,320,000 |
| Risk-weighted assets | 9,812,000 | 9,904,000 | 11,442,000 | 9,892,000 |