Call reports 2004
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2004
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 140,287,000 | 141,722,000 | 146,593,000 | 146,099,000 |
| Total loans | 114,541,000 | 118,699,000 | 122,386,000 | 122,622,000 |
| Allowance for loan losses | 1,509,000 | 1,606,000 | 1,525,000 | 1,554,000 |
| Securities available for sale | 11,095,000 | 12,503,000 | 15,279,000 | 14,771,000 |
| Securities held to maturity | 4,358,000 | 3,603,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,863,000 | 114,016,000 | 111,416,000 | 110,309,000 |
| Interest-bearing deposits | 100,712,000 | 95,824,000 | 94,529,000 | 93,191,000 |
| Noninterest-bearing deposits | 15,151,000 | 18,192,000 | 16,887,000 | 17,118,000 |
| Equity capital | 10,599,000 | 10,831,000 | 11,460,000 | 11,754,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,102,000 | 4,300,000 | 6,469,000 | 8,756,000 |
| Interest expense | 558,000 | 1,129,000 | 1,717,000 | 2,388,000 |
| Net interest income | 1,544,000 | 3,171,000 | 4,752,000 | 6,368,000 |
| Noninterest income | 213,000 | 455,000 | 844,000 | 1,165,000 |
| Noninterest expense | 1,042,000 | 2,235,000 | 3,351,000 | 4,699,000 |
| Provision for loan losses | 106,000 | 219,000 | 329,000 | 436,000 |
| Pretax income | 609,000 | 1,172,000 | 1,933,000 | 2,398,000 |
| Income tax | 225,000 | 425,000 | 664,000 | 874,000 |
| Net income | 384,000 | 747,000 | 1,269,000 | 1,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,558,000 | 10,921,000 | 11,442,000 | 11,774,000 |
| Total capital | 11,879,000 | 12,301,000 | 12,879,000 | 13,235,000 |
| Risk-weighted assets | 105,521,000 | 110,210,000 | 114,901,000 | 116,790,000 |