Call reports 2002
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2002
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 119,761,000 | 127,213,000 | 129,233,000 | 132,563,000 |
| Total loans | 97,839,000 | 98,021,000 | 98,785,000 | 101,249,000 |
| Allowance for loan losses | 913,000 | 956,000 | 1,031,000 | 1,107,000 |
| Securities available for sale | 8,738,000 | 10,740,000 | 7,174,000 | 10,380,000 |
| Securities held to maturity | 4,581,000 | 9,450,000 | 7,430,000 | 7,367,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,614,000 | 105,174,000 | 107,036,000 | 111,191,000 |
| Interest-bearing deposits | 84,401,000 | 91,779,000 | 94,639,000 | 97,235,000 |
| Noninterest-bearing deposits | 10,213,000 | 13,395,000 | 12,397,000 | 13,956,000 |
| Equity capital | 9,154,000 | 9,325,000 | 9,516,000 | 9,582,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,139,000 | 4,243,000 | 6,415,000 | 8,571,000 |
| Interest expense | 851,000 | 1,679,000 | 2,515,000 | 3,345,000 |
| Net interest income | 1,288,000 | 2,564,000 | 3,900,000 | 5,226,000 |
| Noninterest income | 153,000 | 329,000 | 533,000 | 754,000 |
| Noninterest expense | 950,000 | 1,928,000 | 2,908,000 | 4,035,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 310,000 |
| Pretax income | 416,000 | 815,000 | 1,300,000 | 1,635,000 |
| Income tax | 9,000 | 9,000 | 9,000 | 9,000 |
| Net income | 407,000 | 806,000 | 1,291,000 | 1,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,900,000 | 9,063,000 | 9,312,000 | 9,411,000 |
| Total capital | 9,813,000 | 10,019,000 | 10,343,000 | 10,518,000 |
| Risk-weighted assets | 83,714,000 | 86,658,000 | 88,065,000 | 90,700,000 |