Call reports 2002
FARMERS AND MERCHANTS STATE BANK, THE — 2002
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 30,550,000 | 29,741,000 | 32,485,000 | 31,854,000 |
| Total loans | 19,841,000 | 18,804,000 | 20,082,000 | 19,367,000 |
| Allowance for loan losses | 307,000 | 307,000 | 308,000 | 318,000 |
| Securities available for sale | 6,266,000 | 6,627,000 | 7,770,000 | 7,607,000 |
| Securities held to maturity | 2,489,000 | 1,974,000 | 2,726,000 | 2,719,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,627,000 | 21,676,000 | 22,862,000 | 21,439,000 |
| Interest-bearing deposits | 20,018,000 | 19,636,000 | 20,749,000 | 19,217,000 |
| Noninterest-bearing deposits | 1,609,000 | 2,040,000 | 2,113,000 | 2,222,000 |
| Equity capital | 2,587,000 | 2,778,000 | 2,879,000 | 2,839,000 |
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 | 529,000 | 1,023,000 | 1,521,000 | 2,028,000 |
| Interest expense | 213,000 | 421,000 | 619,000 | 812,000 |
| Net interest income | 316,000 | 602,000 | 902,000 | 1,216,000 |
| Noninterest income | 22,000 | 51,000 | 93,000 | 140,000 |
| Noninterest expense | 195,000 | 401,000 | 599,000 | 830,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 143,000 | 252,000 | 396,000 | 516,000 |
| Income tax | 9,000 | 15,000 | 24,000 | 30,000 |
| Net income | 134,000 | 237,000 | 372,000 | 486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,515,000 | 2,601,000 | 2,706,000 | 2,660,000 |
| Total capital | 2,811,000 | 2,883,000 | 2,991,000 | 2,950,000 |
| Risk-weighted assets | 23,638,000 | 22,549,000 | 22,797,000 | 23,161,000 |