Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND 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 | 52,953,000 | 51,609,000 | 52,217,000 | 52,482,000 |
| Total loans | 12,428,000 | 12,760,000 | 13,199,000 | 14,466,000 |
| Allowance for loan losses | 365,000 | 377,000 | 373,000 | 384,000 |
| Securities available for sale | 23,273,000 | 20,996,000 | 17,678,000 | 10,990,000 |
| Securities held to maturity | 1,070,000 | 9,765,000 | 13,357,000 | 21,086,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,459,000 | 46,142,000 | 46,869,000 | 47,283,000 |
| Interest-bearing deposits | 37,697,000 | 36,790,000 | 35,886,000 | 35,858,000 |
| Noninterest-bearing deposits | 9,762,000 | 9,352,000 | 10,983,000 | 11,425,000 |
| Equity capital | 5,108,000 | 5,126,000 | 5,072,000 | 4,977,000 |
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 | 569,000 | 1,098,000 | 1,614,000 | 2,133,000 |
| Interest expense | 138,000 | 257,000 | 362,000 | 455,000 |
| Net interest income | 431,000 | 841,000 | 1,252,000 | 1,678,000 |
| Noninterest income | 154,000 | 323,000 | 484,000 | 669,000 |
| Noninterest expense | 438,000 | 939,000 | 1,427,000 | 1,907,000 |
| Provision for loan losses | 3,000 | 3,000 | 3,000 | 3,000 |
| Pretax income | 144,000 | 223,000 | 308,000 | 440,000 |
| Income tax | 48,000 | 74,000 | 102,000 | 143,000 |
| Net income | 96,000 | 149,000 | 206,000 | 297,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,763,000 | 4,802,000 | 4,858,000 | 4,825,000 |
| Total capital | 5,009,000 | 5,044,000 | 5,106,000 | 5,084,000 |
| Risk-weighted assets | 19,585,000 | 19,223,000 | 19,737,000 | 20,558,000 |