Call reports 2003
FARMERS & MERCHANTS BANK & TRUST — 2003
What FARMERS & MERCHANTS BANK & TRUST reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 136,555,000 | 135,677,000 | 133,394,000 | 135,486,000 |
| Total loans | 75,202,000 | 75,970,000 | 76,825,000 | 78,134,000 |
| Allowance for loan losses | 925,000 | 941,000 | 983,000 | 892,000 |
| Securities available for sale | 41,103,000 | 44,610,000 | 42,963,000 | 42,242,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,520,000 | 118,989,000 | 117,739,000 | 119,845,000 |
| Interest-bearing deposits | 109,386,000 | 107,055,000 | 105,206,000 | 107,725,000 |
| Noninterest-bearing deposits | 11,134,000 | 11,933,000 | 12,533,000 | 12,120,000 |
| Equity capital | 14,160,000 | 14,670,000 | 13,935,000 | 13,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,910,000 | 3,796,000 | 5,735,000 | 7,640,000 |
| Interest expense | 799,000 | 1,568,000 | 2,268,000 | 2,894,000 |
| Net interest income | 1,111,000 | 2,228,000 | 3,467,000 | 4,746,000 |
| Noninterest income | 212,000 | 334,000 | 443,000 | 580,000 |
| Noninterest expense | 850,000 | 1,687,000 | 2,505,000 | 3,347,000 |
| Provision for loan losses | 15,000 | 30,000 | 92,000 | 185,000 |
| Pretax income | 458,000 | 845,000 | 1,392,000 | 1,875,000 |
| Income tax | 122,000 | 214,000 | 366,000 | 502,000 |
| Net income | 336,000 | 631,000 | 1,026,000 | 1,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,102,000 | 13,271,000 | 13,040,000 | 13,198,000 |
| Total capital | 14,027,000 | 14,212,000 | 14,017,000 | 14,090,000 |
| Risk-weighted assets | 74,497,000 | 77,145,000 | 78,124,000 | 79,068,000 |