Call reports 2008
FARMERS & MERCHANTS BANK & TRUST — 2008
What FARMERS & MERCHANTS BANK & TRUST reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 147,518,000 | 148,016,000 | 143,719,000 | 146,124,000 |
| Total loans | 85,427,000 | 83,925,000 | 85,739,000 | 85,824,000 |
| Allowance for loan losses | 1,045,000 | 1,121,000 | 1,039,000 | 972,000 |
| Securities available for sale | 37,184,000 | 36,354,000 | 41,135,000 | 41,611,000 |
| Securities held to maturity | 5,500,000 | 5,500,000 | 6,300,000 | 2,300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,852,000 | 132,040,000 | 128,044,000 | 129,961,000 |
| Interest-bearing deposits | 118,314,000 | 118,438,000 | 115,732,000 | 118,343,000 |
| Noninterest-bearing deposits | 12,539,000 | 13,601,000 | 12,312,000 | 11,618,000 |
| Equity capital | 14,834,000 | 14,287,000 | 14,171,000 | 14,523,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,170,000 | 4,226,000 | 6,327,000 | 8,388,000 |
| Interest expense | 1,083,000 | 2,090,000 | 3,075,000 | 4,018,000 |
| Net interest income | 1,087,000 | 2,136,000 | 3,252,000 | 4,370,000 |
| Noninterest income | 193,000 | 329,000 | 443,000 | 534,000 |
| Noninterest expense | 996,000 | 2,010,000 | 3,052,000 | 4,137,000 |
| Provision for loan losses | 50,000 | 70,000 | 70,000 | 120,000 |
| Pretax income | 236,000 | 387,000 | 577,000 | 651,000 |
| Income tax | 34,000 | 56,000 | 49,000 | 46,000 |
| Net income | 202,000 | 331,000 | 528,000 | 605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,282,000 | 14,276,000 | 14,339,000 | 14,212,000 |
| Total capital | 15,327,000 | 15,397,000 | 15,378,000 | 15,184,000 |
| Risk-weighted assets | 97,231,000 | 95,576,000 | 99,135,000 | 95,976,000 |