Call reports 2003
MERCHANTS AND FARMERS BANK — 2003
What MERCHANTS AND FARMERS 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 | 9,331,000 | 8,990,000 | 8,827,000 | 8,997,000 |
| Total loans | 3,131,000 | 3,223,000 | 2,990,000 | 2,889,000 |
| Allowance for loan losses | 76,000 | 86,000 | 89,000 | 79,000 |
| Securities available for sale | 50,000 | 50,000 | 50,000 | 50,000 |
| Securities held to maturity | 2,132,000 | 2,271,000 | 2,251,000 | 2,226,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,196,000 | 7,862,000 | 7,671,000 | 7,860,000 |
| Interest-bearing deposits | 5,796,000 | 5,665,000 | 5,509,000 | 5,579,000 |
| Noninterest-bearing deposits | 2,400,000 | 2,198,000 | 2,162,000 | 2,281,000 |
| Equity capital | 1,086,000 | 1,083,000 | 1,101,000 | 1,068,000 |
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 | 118,000 | 234,000 | 349,000 | 465,000 |
| Interest expense | 26,000 | 52,000 | 76,000 | 97,000 |
| Net interest income | 92,000 | 182,000 | 273,000 | 368,000 |
| Noninterest income | 24,000 | 51,000 | 78,000 | 103,000 |
| Noninterest expense | 103,000 | 211,000 | 304,000 | 401,000 |
| Provision for loan losses | 12,000 | 24,000 | 32,000 | 48,000 |
| Pretax income | 9,000 | 6,000 | 23,000 | 30,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 9,000 | 6,000 | 23,000 | 30,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,086,000 | 1,082,000 | 1,100,000 | 1,066,000 |
| Total capital | 1,162,000 | 1,163,000 | 1,179,000 | 1,142,000 |
| Risk-weighted assets | 6,918,000 | 6,458,000 | 6,321,000 | 6,506,000 |