Call reports 2007
FARMERS AND MERCHANTS STATE BANK, THE — 2007
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 20,379,000 | 20,860,000 | 20,693,000 | 21,422,000 |
| Total loans | 9,362,000 | 9,812,000 | 9,647,000 | 8,981,000 |
| Allowance for loan losses | 138,000 | 138,000 | 138,000 | 138,000 |
| Securities available for sale | 7,319,000 | 7,927,000 | 8,996,000 | 8,992,000 |
| Securities held to maturity | 325,000 | 325,000 | 325,000 | 290,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,083,000 | 18,599,000 | 18,333,000 | 19,003,000 |
| Interest-bearing deposits | 15,961,000 | 16,723,000 | 16,400,000 | 16,808,000 |
| Noninterest-bearing deposits | 2,122,000 | 1,876,000 | 1,933,000 | 2,195,000 |
| Equity capital | 2,160,000 | 2,113,000 | 2,200,000 | 2,239,000 |
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 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 311,000 | 633,000 | 963,000 | 1,273,000 |
| Interest expense | 128,000 | 266,000 | 411,000 | 559,000 |
| Net interest income | 183,000 | 367,000 | 552,000 | 714,000 |
| Noninterest income | 16,000 | 32,000 | 48,000 | 64,000 |
| Noninterest expense | 190,000 | 382,000 | 555,000 | 746,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,000 | 17,000 | 45,000 | 31,000 |
| Income tax | 0 | 0 | 3,000 | 7,000 |
| Net income | 9,000 | 17,000 | 42,000 | 24,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,216,000 | 2,224,000 | 2,248,000 | 2,231,000 |
| Total capital | 2,333,000 | 2,347,000 | 2,380,000 | 2,358,000 |
| Risk-weighted assets | 9,355,000 | 9,802,000 | 10,536,000 | 10,153,000 |