Call reports 2003
FARMERS AND MERCHANTS BANK OF KENDALL — 2003
What FARMERS AND MERCHANTS BANK OF KENDALL 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 | 30,641,000 | 31,452,000 | 31,070,000 | 30,981,000 |
| Total loans | 24,692,000 | 26,444,000 | 26,701,000 | 27,274,000 |
| Allowance for loan losses | 377,000 | 398,000 | 405,000 | 409,000 |
| Securities available for sale | 1,896,000 | 1,827,000 | 1,700,000 | 1,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,729,000 | 28,475,000 | 27,979,000 | 28,165,000 |
| Interest-bearing deposits | 25,246,000 | 25,996,000 | 25,203,000 | 24,952,000 |
| Noninterest-bearing deposits | 2,483,000 | 2,479,000 | 2,776,000 | 3,213,000 |
| Equity capital | 2,638,000 | 2,714,000 | 2,831,000 | 2,599,000 |
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 | 545,000 | 1,104,000 | 1,674,000 | 2,233,000 |
| Interest expense | 193,000 | 364,000 | 523,000 | 672,000 |
| Net interest income | 352,000 | 740,000 | 1,151,000 | 1,561,000 |
| Noninterest income | 36,000 | 75,000 | 114,000 | 148,000 |
| Noninterest expense | 173,000 | 362,000 | 553,000 | 823,000 |
| Provision for loan losses | 4,000 | 25,000 | 40,000 | 44,000 |
| Pretax income | 211,000 | 428,000 | 672,000 | 842,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 210,000 | 427,000 | 671,000 | 840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,559,000 | 2,602,000 | 2,745,000 | 2,515,000 |
| Total capital | 2,857,000 | 2,907,000 | 3,039,000 | 2,814,000 |
| Risk-weighted assets | 23,769,000 | 24,331,000 | 23,425,000 | 23,832,000 |