Call reports 2006
MERCHANTS AND FARMERS BANK — 2006
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 8,937,000 | 8,483,000 | 7,856,000 | 8,005,000 |
| Total loans | 2,585,000 | 2,622,000 | 2,659,000 | 2,731,000 |
| Allowance for loan losses | 42,000 | 63,000 | 73,000 | 69,000 |
| Securities available for sale | 147,000 | 147,000 | 147,000 | 132,000 |
| Securities held to maturity | 2,232,000 | 2,129,000 | 2,127,000 | 2,225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,783,000 | 7,341,000 | 6,674,000 | 6,842,000 |
| Interest-bearing deposits | 4,738,000 | 4,335,000 | 4,139,000 | 4,279,000 |
| Noninterest-bearing deposits | 3,044,000 | 3,006,000 | 2,535,000 | 2,563,000 |
| Equity capital | 1,097,000 | 1,092,000 | 1,127,000 | 1,104,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 106,000 | 221,000 | 337,000 | 440,000 |
| Interest expense | 19,000 | 43,000 | 68,000 | 94,000 |
| Net interest income | 87,000 | 178,000 | 269,000 | 346,000 |
| Noninterest income | 9,000 | 36,000 | 78,000 | 108,000 |
| Noninterest expense | 88,000 | 190,000 | 289,000 | 402,000 |
| Provision for loan losses | 0 | 19,000 | 20,000 | 22,000 |
| Pretax income | 8,000 | 5,000 | 38,000 | 30,000 |
| Income tax | 0 | 2,000 | 4,000 | 1,000 |
| Net income | 8,000 | 3,000 | 34,000 | 29,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,097,000 | 1,092,000 | 1,116,000 | 1,105,000 |
| Total capital | 1,139,000 | 1,155,000 | 1,184,000 | 1,172,000 |
| Risk-weighted assets | 6,427,000 | 6,067,000 | 5,471,000 | 5,388,000 |