Call reports 2008
FARMERS AND MINERS BANK — 2008
What FARMERS AND MINERS BANK 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 | 125,243,000 | 123,984,000 | 122,329,000 | 121,686,000 |
| Total loans | 83,848,000 | 84,574,000 | 87,886,000 | 87,322,000 |
| Allowance for loan losses | 1,044,000 | 1,067,000 | 1,208,000 | 1,815,000 |
| Securities available for sale | 9,750,000 | 10,047,000 | 9,304,000 | 9,053,000 |
| Securities held to maturity | 6,491,000 | 7,053,000 | 6,969,000 | 7,112,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,631,000 | 109,671,000 | 107,713,000 | 106,909,000 |
| Interest-bearing deposits | 87,486,000 | 84,792,000 | 85,201,000 | 84,221,000 |
| Noninterest-bearing deposits | 23,145,000 | 24,879,000 | 22,512,000 | 22,688,000 |
| Equity capital | 13,608,000 | 13,596,000 | 13,895,000 | 14,004,000 |
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 | 2,273,000 | 4,521,000 | 6,754,000 | 8,923,000 |
| Interest expense | 770,000 | 1,436,000 | 2,036,000 | 2,606,000 |
| Net interest income | 1,503,000 | 3,085,000 | 4,718,000 | 6,317,000 |
| Noninterest income | 228,000 | 506,000 | 775,000 | 1,036,000 |
| Noninterest expense | 1,152,000 | 2,314,000 | 3,480,000 | 4,749,000 |
| Provision for loan losses | 60,000 | 119,000 | 308,000 | 968,000 |
| Pretax income | 521,000 | 1,160,000 | 1,707,000 | 1,638,000 |
| Income tax | 157,000 | 326,000 | 574,000 | 520,000 |
| Net income | 364,000 | 834,000 | 1,133,000 | 1,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,494,000 | 13,614,000 | 13,913,000 | 13,897,000 |
| Total capital | 14,487,000 | 14,612,000 | 14,940,000 | 14,685,000 |
| Risk-weighted assets | 79,427,000 | 79,787,000 | 81,987,000 | 81,107,000 |