Call reports 2003
FARMERS & MERCHANTS BANK — 2003
What FARMERS & MERCHANTS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 143,213,000 | 148,932,000 | 145,654,000 | 148,004,000 |
| Total loans | 111,969,000 | 115,197,000 | 114,867,000 | 115,954,000 |
| Allowance for loan losses | 1,306,000 | 1,492,000 | 1,334,000 | 1,558,000 |
| Securities available for sale | 21,658,000 | 22,084,000 | 23,478,000 | 23,876,000 |
| Securities held to maturity | 278,000 | 479,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,868,000 | 117,308,000 | 113,483,000 | 116,651,000 |
| Interest-bearing deposits | 100,771,000 | 106,230,000 | 103,955,000 | 105,511,000 |
| Noninterest-bearing deposits | 11,097,000 | 11,078,000 | 9,528,000 | 11,140,000 |
| Equity capital | 13,955,000 | 14,375,000 | 14,666,000 | 14,561,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,251,000 | 4,513,000 | 6,755,000 | 8,960,000 |
| Interest expense | 819,000 | 1,637,000 | 2,437,000 | 3,185,000 |
| Net interest income | 1,432,000 | 2,876,000 | 4,318,000 | 5,775,000 |
| Noninterest income | 219,000 | 460,000 | 745,000 | 928,000 |
| Noninterest expense | 823,000 | 1,665,000 | 2,501,000 | 3,392,000 |
| Provision for loan losses | 60,000 | 130,000 | 220,000 | 518,000 |
| Pretax income | 768,000 | 1,541,000 | 2,342,000 | 2,793,000 |
| Income tax | 226,000 | 455,000 | 696,000 | 793,000 |
| Net income | 542,000 | 1,086,000 | 1,646,000 | 2,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,268,000 | 13,523,000 | 14,083,000 | 13,958,000 |
| Total capital | 14,559,000 | 14,841,000 | 15,417,000 | 15,284,000 |
| Risk-weighted assets | 103,268,000 | 105,239,000 | 109,045,000 | 105,886,000 |