Call reports 2003
FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED — 2003
What FARMERS & MERCHANTS STATE BANK OF NEW YORK MILLS, INCORPORATED reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 50,030,000 | 49,149,000 | 49,512,000 | 48,439,000 |
| Total loans | 24,922,000 | 25,251,000 | 25,129,000 | 24,401,000 |
| Allowance for loan losses | 568,000 | 601,000 | 602,000 | 591,000 |
| Securities available for sale | 20,696,000 | 19,266,000 | 20,226,000 | 21,007,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,985,000 | 40,200,000 | 40,609,000 | 40,248,000 |
| Interest-bearing deposits | 30,671,000 | 30,624,000 | 30,618,000 | 30,477,000 |
| Noninterest-bearing deposits | 9,314,000 | 9,576,000 | 9,991,000 | 9,771,000 |
| Equity capital | 6,937,000 | 5,759,000 | 5,886,000 | 5,900,000 |
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 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 725,000 | 1,462,000 | 2,148,000 | 2,801,000 |
| Interest expense | 192,000 | 379,000 | 559,000 | 715,000 |
| Net interest income | 533,000 | 1,083,000 | 1,589,000 | 2,086,000 |
| Noninterest income | 28,000 | 60,000 | 109,000 | 146,000 |
| Noninterest expense | 330,000 | 2,193,000 | 2,484,000 | 2,946,000 |
| Provision for loan losses | 20,000 | 20,000 | 20,000 | 45,000 |
| Pretax income | 220,000 | -995,000 | -731,000 | -684,000 |
| Income tax | 3,000 | 3,000 | 4,000 | 4,000 |
| Net income | 217,000 | -998,000 | -735,000 | -688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,706,000 | 5,491,000 | 5,754,000 | 5,801,000 |
| Total capital | 7,168,000 | 5,958,000 | 6,224,000 | 6,248,000 |
| Risk-weighted assets | 36,891,000 | 37,231,000 | 37,442,000 | 35,619,000 |