Call reports 2008
FARMERS & MERCHANTS BANK & TRUST — 2008
What FARMERS & MERCHANTS BANK & TRUST 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 | 214,919,000 | 212,405,000 | 218,736,000 | 227,877,000 |
| Total loans | 141,104,000 | 148,658,000 | 157,058,000 | 164,108,000 |
| Allowance for loan losses | 1,222,000 | 865,000 | 1,629,000 | 1,916,000 |
| Securities available for sale | 52,900,000 | 44,958,000 | 38,384,000 | 38,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,132,000 | 183,079,000 | 185,794,000 | 195,709,000 |
| Interest-bearing deposits | 158,766,000 | 158,784,000 | 162,209,000 | 169,671,000 |
| Noninterest-bearing deposits | 24,366,000 | 24,295,000 | 23,585,000 | 26,038,000 |
| Equity capital | 23,131,000 | 22,556,000 | 22,638,000 | 21,092,000 |
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 | 3,272,000 | 6,129,000 | 9,033,000 | 11,955,000 |
| Interest expense | 1,032,000 | 1,973,000 | 2,832,000 | 3,699,000 |
| Net interest income | 2,240,000 | 4,156,000 | 6,201,000 | 8,256,000 |
| Noninterest income | 705,000 | 1,383,000 | 2,459,000 | 2,659,000 |
| Noninterest expense | 2,053,000 | 4,228,000 | 6,440,000 | 8,652,000 |
| Provision for loan losses | 180,000 | 580,000 | 1,390,000 | 4,340,000 |
| Pretax income | 712,000 | 731,000 | 830,000 | -2,077,000 |
| Income tax | 233,000 | 210,000 | 72,000 | -1,090,000 |
| Net income | 479,000 | 521,000 | 758,000 | -987,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,372,000 | 20,160,000 | 20,154,000 | 18,850,000 |
| Total capital | 21,594,000 | 21,025,000 | 21,783,000 | 20,766,000 |
| Risk-weighted assets | 143,904,000 | 150,148,000 | 157,575,000 | 165,845,000 |