Call reports 2003
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2003
What FARMERS AND MERCHANTS BANK OF ST. CLAIR 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 | 137,150,000 | 135,035,000 | 130,996,000 | 134,966,000 |
| Total loans | 102,523,000 | 110,793,000 | 110,902,000 | 117,298,000 |
| Allowance for loan losses | 1,183,000 | 1,188,000 | 1,343,000 | 1,411,000 |
| Securities available for sale | 16,582,000 | 6,384,000 | 7,354,000 | 7,341,000 |
| Securities held to maturity | 7,623,000 | 4,873,000 | 3,366,000 | 4,110,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,939,000 | 117,412,000 | 109,851,000 | 109,704,000 |
| Interest-bearing deposits | 104,509,000 | 101,670,000 | 90,295,000 | 95,400,000 |
| Noninterest-bearing deposits | 14,430,000 | 15,742,000 | 19,556,000 | 14,304,000 |
| Equity capital | 9,996,000 | 10,234,000 | 9,904,000 | 10,225,000 |
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 | 2,109,000 | 4,304,000 | 6,468,000 | 8,624,000 |
| Interest expense | 771,000 | 1,495,000 | 2,096,000 | 2,658,000 |
| Net interest income | 1,338,000 | 2,809,000 | 4,372,000 | 5,966,000 |
| Noninterest income | 234,000 | 446,000 | 839,000 | 1,067,000 |
| Noninterest expense | 994,000 | 2,078,000 | 3,147,000 | 4,318,000 |
| Provision for loan losses | 112,000 | 229,000 | 341,000 | 453,000 |
| Pretax income | 526,000 | 1,122,000 | 1,723,000 | 2,262,000 |
| Income tax | -78,000 | 154,000 | 339,000 | 549,000 |
| Net income | 604,000 | 968,000 | 1,384,000 | 1,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,916,000 | 10,182,000 | 9,869,000 | 10,199,000 |
| Total capital | 11,090,000 | 11,370,000 | 10,395,000 | 11,531,000 |
| Risk-weighted assets | 93,881,000 | 99,898,000 | 100,107,000 | 106,543,000 |