Call reports 2008
FARMERS AND MERCHANTS STATE BANK OF BUSHNELL — 2008
What FARMERS AND MERCHANTS STATE BANK OF BUSHNELL reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 58,649,000 | 60,041,000 | 59,836,000 | 62,738,000 |
| Total loans | 39,193,000 | 36,990,000 | 39,262,000 | 38,945,000 |
| Allowance for loan losses | 504,000 | 336,000 | 362,000 | 365,000 |
| Securities available for sale | 3,524,000 | 3,359,000 | 3,362,000 | 3,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,343,000 | 53,735,000 | 50,722,000 | 53,404,000 |
| Interest-bearing deposits | 44,253,000 | 44,119,000 | 42,379,000 | 42,914,000 |
| Noninterest-bearing deposits | 8,090,000 | 9,616,000 | 8,344,000 | 10,490,000 |
| Equity capital | 5,827,000 | 5,787,000 | 5,842,000 | 5,948,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 841,000 | 1,620,000 | 2,371,000 | 3,161,000 |
| Interest expense | 299,000 | 544,000 | 770,000 | 1,007,000 |
| Net interest income | 542,000 | 1,076,000 | 1,601,000 | 2,154,000 |
| Noninterest income | 223,000 | 415,000 | 583,000 | 728,000 |
| Noninterest expense | 644,000 | 1,286,000 | 1,903,000 | 2,486,000 |
| Provision for loan losses | 15,000 | 80,000 | 110,000 | 140,000 |
| Pretax income | 106,000 | 125,000 | 171,000 | 256,000 |
| Income tax | 23,000 | 18,000 | 15,000 | 17,000 |
| Net income | 83,000 | 107,000 | 156,000 | 239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,777,000 | 5,776,000 | 5,825,000 | 5,908,000 |
| Total capital | 6,281,000 | 6,112,000 | 6,187,000 | 6,273,000 |
| Risk-weighted assets | 44,123,000 | 43,952,000 | 45,360,000 | 46,293,000 |