Call reports 2011
MERCHANTS AND FARMERS BANK — 2011
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Total assets | 8,747,000 | 8,186,000 |
| Total loans | 2,469,000 | 2,510,000 |
| Allowance for loan losses | 74,000 | 80,000 |
| Securities available for sale | 110,000 | 563,000 |
| Securities held to maturity | 1,162,000 | 461,000 |
| Trading assets | 0 | 0 |
| Total deposits | 7,776,000 | 7,255,000 |
| Interest-bearing deposits | 3,901,000 | 3,807,000 |
| Noninterest-bearing deposits | 3,875,000 | 3,448,000 |
| Equity capital | 933,000 | 891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Interest income | 66,000 | 124,000 |
| Interest expense | 10,000 | 21,000 |
| Net interest income | 56,000 | 103,000 |
| Noninterest income | 60,000 | 76,000 |
| Noninterest expense | 145,000 | 250,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | -29,000 | -71,000 |
| Income tax | 0 | 0 |
| Net income | -29,000 | -71,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Tier 1 capital | 933,000 | 891,000 |
| Total capital | 964,000 | 923,000 |
| Risk-weighted assets | 2,483,000 | 2,540,000 |