Call reports 2008
FARMERS AND MERCHANTS STATE BANK, THE — 2008
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 21,765,000 | 22,287,000 | 21,930,000 | 22,548,000 |
| Total loans | 9,193,000 | 11,019,000 | 11,052,000 | 10,960,000 |
| Allowance for loan losses | 138,000 | 138,000 | 138,000 | 138,000 |
| Securities available for sale | 9,836,000 | 8,971,000 | 8,701,000 | 8,045,000 |
| Securities held to maturity | 290,000 | 290,000 | 290,000 | 255,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,267,000 | 19,785,000 | 19,276,000 | 19,977,000 |
| Interest-bearing deposits | 16,965,000 | 17,654,000 | 16,893,000 | 17,652,000 |
| Noninterest-bearing deposits | 2,301,000 | 2,131,000 | 2,383,000 | 2,325,000 |
| Equity capital | 2,298,000 | 2,178,000 | 2,289,000 | 2,396,000 |
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 | 316,000 | 627,000 | 952,000 | 1,262,000 |
| Interest expense | 139,000 | 259,000 | 367,000 | 466,000 |
| Net interest income | 177,000 | 368,000 | 585,000 | 796,000 |
| Noninterest income | 17,000 | 32,000 | 46,000 | 66,000 |
| Noninterest expense | 178,000 | 386,000 | 549,000 | 759,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 16,000 | 14,000 | 82,000 | 103,000 |
| Income tax | 0 | 1,000 | 2,000 | 13,000 |
| Net income | 16,000 | 13,000 | 80,000 | 90,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,224,000 | 2,220,000 | 2,287,000 | 2,296,000 |
| Total capital | 2,350,000 | 2,358,000 | 2,425,000 | 2,434,000 |
| Risk-weighted assets | 10,059,000 | 11,655,000 | 11,761,000 | 11,667,000 |