Call reports 2008
FARMERS AND MERCHANTS BANK OF LONG BEACH — 2008
What FARMERS AND MERCHANTS BANK OF LONG BEACH 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 | 3,319,158,000 | 3,279,231,000 | 3,578,193,000 | 3,637,272,000 |
| Total loans | 1,645,777,000 | 1,810,034,000 | 1,930,768,000 | 2,000,951,000 |
| Allowance for loan losses | 29,118,000 | 35,625,000 | 49,588,000 | 53,794,000 |
| Securities available for sale | 387,483,000 | 401,319,000 | 426,144,000 | 421,192,000 |
| Securities held to maturity | 964,328,000 | 924,931,000 | 914,614,000 | 965,166,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,153,179,000 | 2,233,424,000 | 2,573,626,000 | 2,675,819,000 |
| Interest-bearing deposits | 1,428,725,000 | 1,492,510,000 | 1,791,845,000 | 1,866,148,000 |
| Noninterest-bearing deposits | 724,454,000 | 740,914,000 | 781,781,000 | 809,671,000 |
| Equity capital | 661,768,000 | 556,223,000 | 559,058,000 | 560,922,000 |
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 | 45,471,000 | 90,237,000 | 135,755,000 | 182,782,000 |
| Interest expense | 10,438,000 | 19,024,000 | 27,961,000 | 35,455,000 |
| Net interest income | 35,033,000 | 71,213,000 | 107,794,000 | 147,327,000 |
| Noninterest income | 4,942,000 | 11,243,000 | 16,498,000 | 21,304,000 |
| Noninterest expense | 17,259,000 | 35,830,000 | 52,529,000 | 69,085,000 |
| Provision for loan losses | 1,955,000 | 9,738,000 | 29,250,000 | 52,990,000 |
| Pretax income | 20,761,000 | 36,888,000 | 42,513,000 | 46,556,000 |
| Income tax | 8,004,000 | 14,055,000 | 15,721,000 | 16,834,000 |
| Net income | 12,757,000 | 22,833,000 | 26,792,000 | 29,722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 653,350,000 | 553,220,000 | 554,429,000 | 551,337,000 |
| Total capital | 678,083,000 | 579,143,000 | 582,142,000 | 579,017,000 |
| Risk-weighted assets | 1,971,096,000 | 2,060,904,000 | 2,192,029,000 | 2,185,550,000 |