Call reports 2005
MERCHANTS AND FARMERS BANK — 2005
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 8,585,000 | 8,273,000 | 8,346,000 | 7,661,000 |
| Total loans | 2,639,000 | 2,507,000 | 2,473,000 | 2,458,000 |
| Allowance for loan losses | 94,000 | 99,000 | 100,000 | 84,000 |
| Securities available for sale | 147,000 | 147,000 | 147,000 | 137,000 |
| Securities held to maturity | 2,341,000 | 2,238,000 | 2,236,000 | 2,233,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,438,000 | 7,128,000 | 7,194,000 | 6,526,000 |
| Interest-bearing deposits | 5,037,000 | 4,831,000 | 4,699,000 | 4,037,000 |
| Noninterest-bearing deposits | 2,401,000 | 2,297,000 | 2,495,000 | 2,489,000 |
| Equity capital | 1,097,000 | 1,096,000 | 1,093,000 | 1,080,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 103,000 | 208,000 | 309,000 | 415,000 |
| Interest expense | 18,000 | 38,000 | 59,000 | 77,000 |
| Net interest income | 85,000 | 170,000 | 250,000 | 338,000 |
| Noninterest income | 19,000 | 41,000 | 46,000 | 69,000 |
| Noninterest expense | 84,000 | 177,000 | 263,000 | 380,000 |
| Provision for loan losses | 8,000 | 14,000 | 16,000 | 16,000 |
| Pretax income | 12,000 | 20,000 | 17,000 | 11,000 |
| Income tax | 0 | 0 | 0 | 2,000 |
| Net income | 12,000 | 20,000 | 17,000 | 9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,097,000 | 1,096,000 | 1,093,000 | 1,080,000 |
| Total capital | 1,172,000 | 1,169,000 | 1,165,000 | 1,144,000 |
| Risk-weighted assets | 6,004,000 | 5,809,000 | 5,898,000 | 5,172,000 |