Call reports 2009
MERCHANTS AND FARMERS BANK — 2009
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 9,843,000 | 9,120,000 | 8,207,000 | 8,545,000 |
| Total loans | 4,011,000 | 4,376,000 | 4,322,000 | 4,132,000 |
| Allowance for loan losses | 85,000 | 78,000 | 79,000 | 74,000 |
| Securities available for sale | 24,000 | 21,000 | 22,000 | 118,000 |
| Securities held to maturity | 668,000 | 666,000 | 664,000 | 864,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,689,000 | 8,011,000 | 7,096,000 | 7,460,000 |
| Interest-bearing deposits | 4,972,000 | 4,252,000 | 3,707,000 | 3,970,000 |
| Noninterest-bearing deposits | 3,717,000 | 3,759,000 | 3,389,000 | 3,490,000 |
| Equity capital | 1,098,000 | 1,059,000 | 1,061,000 | 1,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 106,000 | 197,000 | 301,000 | 399,000 |
| Interest expense | 23,000 | 44,000 | 60,000 | 74,000 |
| Net interest income | 83,000 | 153,000 | 241,000 | 325,000 |
| Noninterest income | 19,000 | 37,000 | 59,000 | 79,000 |
| Noninterest expense | 109,000 | 241,000 | 350,000 | 477,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -7,000 | -51,000 | -50,000 | -73,000 |
| Income tax | -1,000 | -5,000 | -5,000 | -12,000 |
| Net income | -6,000 | -46,000 | -45,000 | -61,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,098,000 | 1,058,000 | 1,059,000 | 1,043,000 |
| Total capital | 1,138,000 | 1,096,000 | 1,099,000 | 1,081,000 |
| Risk-weighted assets | 3,134,000 | 2,998,000 | 3,140,000 | 2,830,000 |