Call reports 2003
FARMERS AND MERCHANTS STATE BANK, THE — 2003
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 |
|---|---|
| Total assets | 31,886,000 |
| Total loans | 17,453,000 |
| Allowance for loan losses | 318,000 |
| Securities available for sale | 8,635,000 |
| Securities held to maturity | 2,708,000 |
| Trading assets | 0 |
| Total deposits | 22,666,000 |
| Interest-bearing deposits | 20,608,000 |
| Noninterest-bearing deposits | 2,058,000 |
| Equity capital | 2,841,000 |
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 |
|---|---|
| Interest income | 427,000 |
| Interest expense | 178,000 |
| Net interest income | 249,000 |
| Noninterest income | 36,000 |
| Noninterest expense | 230,000 |
| Provision for loan losses | 0 |
| Pretax income | 55,000 |
| Income tax | 3,000 |
| Net income | 52,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 |
|---|---|
| Tier 1 capital | 2,685,000 |
| Total capital | 2,956,000 |
| Risk-weighted assets | 21,599,000 |