Call reports 2002
MERCHANTS AND FARMERS BANK — 2002
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 10,074,000 | 9,293,000 | 8,773,000 | 8,683,000 |
| Total loans | 3,840,000 | 3,926,000 | 3,571,000 | 3,422,000 |
| Allowance for loan losses | 123,000 | 141,000 | 133,000 | 102,000 |
| Securities available for sale | 56,000 | 56,000 | 56,000 | 56,000 |
| Securities held to maturity | 2,400,000 | 2,698,000 | 2,588,000 | 2,361,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,946,000 | 8,123,000 | 7,585,000 | 7,544,000 |
| Interest-bearing deposits | 6,544,000 | 6,097,000 | 5,575,000 | 5,461,000 |
| Noninterest-bearing deposits | 2,402,000 | 2,026,000 | 2,010,000 | 2,083,000 |
| Equity capital | 1,045,000 | 1,095,000 | 1,115,000 | 1,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 144,000 | 308,000 | 458,000 | 593,000 |
| Interest expense | 42,000 | 81,000 | 113,000 | 139,000 |
| Net interest income | 102,000 | 227,000 | 345,000 | 454,000 |
| Noninterest income | 29,000 | 55,000 | 84,000 | 109,000 |
| Noninterest expense | 117,000 | 208,000 | 322,000 | 475,000 |
| Provision for loan losses | 0 | 10,000 | 25,000 | 40,000 |
| Pretax income | 14,000 | 64,000 | 86,000 | 52,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 14,000 | 64,000 | 86,000 | 52,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,043,000 | 1,091,000 | 1,110,000 | 1,076,000 |
| Total capital | 1,134,000 | 1,169,000 | 1,184,000 | 1,151,000 |
| Risk-weighted assets | 7,239,000 | 6,166,000 | 5,865,000 | 5,990,000 |