Call reports 2003
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2003
What FARMERS AND MERCHANTS BANK OF LONG BEACH 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 | 2,573,323,000 | 2,646,731,000 | 2,694,456,000 | 2,763,538,000 |
| Total loans | 897,205,000 | 973,679,000 | 1,034,268,000 | 1,054,383,000 |
| Allowance for loan losses | 35,834,000 | 35,888,000 | 36,339,000 | 36,798,000 |
| Securities available for sale | 430,727,000 | 469,014,000 | 496,217,000 | 444,512,000 |
| Securities held to maturity | 973,064,000 | 926,797,000 | 960,507,000 | 1,004,280,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,744,847,000 | 1,787,663,000 | 1,839,611,000 | 1,899,881,000 |
| Interest-bearing deposits | 1,237,894,000 | 1,258,039,000 | 1,266,786,000 | 1,304,090,000 |
| Noninterest-bearing deposits | 506,953,000 | 529,624,000 | 572,825,000 | 595,791,000 |
| Equity capital | 531,599,000 | 540,896,000 | 548,626,000 | 554,566,000 |
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 | 30,507,000 | 61,031,000 | 92,221,000 | 124,864,000 |
| Interest expense | 4,384,000 | 7,942,000 | 10,589,000 | 13,126,000 |
| Net interest income | 26,123,000 | 53,089,000 | 81,632,000 | 111,738,000 |
| Noninterest income | 2,993,000 | 5,944,000 | 9,005,000 | 12,023,000 |
| Noninterest expense | 9,909,000 | 20,637,000 | 31,049,000 | 42,963,000 |
| Provision for loan losses | 0 | 0 | 500,000 | 1,000,000 |
| Pretax income | 19,207,000 | 38,396,000 | 59,088,000 | 79,798,000 |
| Income tax | 7,621,000 | 15,205,000 | 23,642,000 | 32,079,000 |
| Net income | 11,586,000 | 23,191,000 | 35,446,000 | 47,719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 527,328,000 | 536,669,000 | 546,086,000 | 552,174,000 |
| Total capital | 541,629,000 | 552,101,000 | 561,844,000 | 568,230,000 |
| Risk-weighted assets | 1,123,205,000 | 1,214,127,000 | 1,240,075,000 | 1,263,768,000 |