Call reports 2004
MERCHANTS AND FARMERS BANK — 2004
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 9,500,000 | 8,366,000 | 8,289,000 | 7,900,000 |
| Total loans | 2,757,000 | 2,838,000 | 2,813,000 | 2,702,000 |
| Allowance for loan losses | 72,000 | 77,000 | 91,000 | 106,000 |
| Securities available for sale | 47,000 | 47,000 | 47,000 | 47,000 |
| Securities held to maturity | 2,219,000 | 2,199,000 | 2,351,000 | 2,345,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,332,000 | 7,213,000 | 7,107,000 | 6,567,000 |
| Interest-bearing deposits | 5,593,000 | 4,945,000 | 4,779,000 | 4,630,000 |
| Noninterest-bearing deposits | 2,739,000 | 2,268,000 | 2,328,000 | 1,937,000 |
| Equity capital | 1,115,000 | 1,086,000 | 1,118,000 | 1,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 104,000 | 210,000 | 321,000 | 426,000 |
| Interest expense | 17,000 | 34,000 | 52,000 | 68,000 |
| Net interest income | 87,000 | 176,000 | 269,000 | 358,000 |
| Noninterest income | 28,000 | 54,000 | 83,000 | 112,000 |
| Noninterest expense | 92,000 | 193,000 | 277,000 | 414,000 |
| Provision for loan losses | 12,000 | 16,000 | 28,000 | 40,000 |
| Pretax income | 11,000 | 21,000 | 47,000 | 16,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 11,000 | 21,000 | 47,000 | 16,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,115,000 | 1,086,000 | 1,118,000 | 1,085,000 |
| Total capital | 1,187,000 | 1,163,000 | 1,190,000 | 1,153,000 |
| Risk-weighted assets | 6,979,000 | 5,914,000 | 5,731,000 | 5,358,000 |