Call reports 2010
FARMERS AND MERCHANTS BANK OF ST. CLAIR — 2010
What FARMERS AND MERCHANTS BANK OF ST. CLAIR reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 179,324,000 | 178,686,000 | 173,787,000 | 166,621,000 |
| Total loans | 127,370,000 | 125,872,000 | 123,448,000 | 124,535,000 |
| Allowance for loan losses | 1,300,000 | 1,477,000 | 1,593,000 | 1,722,000 |
| Securities available for sale | 31,624,000 | 34,425,000 | 34,320,000 | 25,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,050,000 | 154,169,000 | 149,808,000 | 142,983,000 |
| Interest-bearing deposits | 134,796,000 | 133,333,000 | 128,121,000 | 122,987,000 |
| Noninterest-bearing deposits | 20,254,000 | 20,835,000 | 21,687,000 | 19,996,000 |
| Equity capital | 15,901,000 | 16,101,000 | 16,656,000 | 16,463,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,338,000 | 4,595,000 | 6,854,000 | 9,081,000 |
| Interest expense | 733,000 | 1,430,000 | 2,086,000 | 2,602,000 |
| Net interest income | 1,605,000 | 3,165,000 | 4,768,000 | 6,479,000 |
| Noninterest income | 282,000 | 548,000 | 884,000 | 1,344,000 |
| Noninterest expense | 1,358,000 | 2,906,000 | 4,352,000 | 5,773,000 |
| Provision for loan losses | 445,000 | 699,000 | 906,000 | 1,236,000 |
| Pretax income | 84,000 | 108,000 | 394,000 | 814,000 |
| Income tax | 5,000 | 23,000 | 111,000 | 244,000 |
| Net income | 79,000 | 85,000 | 283,000 | 570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,744,000 | 15,750,000 | 15,948,000 | 16,235,000 |
| Total capital | 17,044,000 | 16,535,000 | 17,540,000 | 17,957,000 |
| Risk-weighted assets | 145,308,000 | 137,860,000 | 136,995,000 | 137,755,000 |