Call reports 2007
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2007
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 162,662,000 | 164,052,000 | 164,082,000 | 166,464,000 |
| Total loans | 129,589,000 | 129,199,000 | 130,449,000 | 129,759,000 |
| Allowance for loan losses | 2,101,000 | 2,136,000 | 2,090,000 | 1,797,000 |
| Securities available for sale | 16,585,000 | 16,560,000 | 18,900,000 | 21,501,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,367,000 | 139,245,000 | 139,156,000 | 141,396,000 |
| Interest-bearing deposits | 119,095,000 | 120,745,000 | 119,594,000 | 122,508,000 |
| Noninterest-bearing deposits | 19,272,000 | 18,500,000 | 19,562,000 | 18,888,000 |
| Equity capital | 14,868,000 | 15,148,000 | 15,408,000 | 15,648,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,967,000 | 6,023,000 | 9,073,000 | 12,089,000 |
| Interest expense | 1,203,000 | 2,459,000 | 3,741,000 | 4,999,000 |
| Net interest income | 1,764,000 | 3,564,000 | 5,332,000 | 7,090,000 |
| Noninterest income | 265,000 | 553,000 | 839,000 | 1,139,000 |
| Noninterest expense | 1,496,000 | 2,946,000 | 4,480,000 | 6,097,000 |
| Provision for loan losses | 103,000 | 219,000 | 263,000 | 269,000 |
| Pretax income | 430,000 | 952,000 | 1,428,000 | 1,863,000 |
| Income tax | 137,000 | 324,000 | 484,000 | 640,000 |
| Net income | 293,000 | 628,000 | 944,000 | 1,223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,973,000 | 15,208,000 | 15,388,000 | 15,568,000 |
| Total capital | 16,592,000 | 16,827,000 | 17,010,000 | 17,185,000 |
| Risk-weighted assets | 129,012,000 | 128,965,000 | 129,427,000 | 129,332,000 |