Call reports 2007
FARMERS AND MINERS BANK — 2007
What FARMERS AND MINERS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 124,588,000 | 124,514,000 | 126,635,000 | 126,003,000 |
| Total loans | 73,578,000 | 74,570,000 | 77,924,000 | 82,867,000 |
| Allowance for loan losses | 984,000 | 1,020,000 | 1,018,000 | 989,000 |
| Securities available for sale | 11,710,000 | 13,019,000 | 14,260,000 | 12,658,000 |
| Securities held to maturity | 6,122,000 | 6,500,000 | 6,245,000 | 6,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,906,000 | 111,116,000 | 112,572,000 | 111,476,000 |
| Interest-bearing deposits | 87,427,000 | 87,850,000 | 88,362,000 | 88,830,000 |
| Noninterest-bearing deposits | 23,479,000 | 23,266,000 | 24,210,000 | 22,646,000 |
| Equity capital | 12,751,000 | 12,630,000 | 13,153,000 | 13,574,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,175,000 | 4,418,000 | 6,762,000 | 9,134,000 |
| Interest expense | 773,000 | 1,595,000 | 2,440,000 | 3,272,000 |
| Net interest income | 1,402,000 | 2,823,000 | 4,322,000 | 5,862,000 |
| Noninterest income | 234,000 | 481,000 | 731,000 | 976,000 |
| Noninterest expense | 1,054,000 | 2,178,000 | 3,306,000 | 4,507,000 |
| Provision for loan losses | 59,000 | 119,000 | 180,000 | 240,000 |
| Pretax income | 523,000 | 1,007,000 | 1,567,000 | 2,091,000 |
| Income tax | 146,000 | 313,000 | 482,000 | 678,000 |
| Net income | 377,000 | 694,000 | 1,085,000 | 1,413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,819,000 | 12,785,000 | 13,176,000 | 13,505,000 |
| Total capital | 13,707,000 | 13,690,000 | 14,129,000 | 14,494,000 |
| Risk-weighted assets | 70,908,000 | 72,303,000 | 76,169,000 | 79,822,000 |