Call reports 2002
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2002
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED 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 | 48,891,000 | 50,671,000 | 50,232,000 | 50,289,000 |
| Total loans | 24,125,000 | 25,819,000 | 26,449,000 | 25,045,000 |
| Allowance for loan losses | 741,000 | 543,000 | 563,000 | 591,000 |
| Securities available for sale | 18,305,000 | 20,324,000 | 19,222,000 | 18,931,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,916,000 | 40,437,000 | 38,819,000 | 40,154,000 |
| Interest-bearing deposits | 31,273,000 | 31,194,000 | 29,729,000 | 31,090,000 |
| Noninterest-bearing deposits | 7,643,000 | 9,243,000 | 9,090,000 | 9,064,000 |
| Equity capital | 6,503,000 | 6,841,000 | 7,133,000 | 6,768,000 |
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 | 763,000 | 1,514,000 | 2,333,000 | 3,067,000 |
| Interest expense | 245,000 | 477,000 | 706,000 | 920,000 |
| Net interest income | 518,000 | 1,037,000 | 1,627,000 | 2,147,000 |
| Noninterest income | 26,000 | 57,000 | 87,000 | 119,000 |
| Noninterest expense | 332,000 | 665,000 | 1,011,000 | 1,556,000 |
| Provision for loan losses | 186,000 | 223,000 | 240,000 | 240,000 |
| Pretax income | 27,000 | 207,000 | 465,000 | 472,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 27,000 | 207,000 | 465,000 | 472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,386,000 | 6,566,000 | 6,824,000 | 6,489,000 |
| Total capital | 6,848,000 | 7,055,000 | 7,320,000 | 6,969,000 |
| Risk-weighted assets | 36,701,000 | 39,053,000 | 39,589,000 | 38,292,000 |