Call reports 2002
FARMERS AND MERCHANTS STATE BANK, THE — 2002
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 14,796,000 | 14,684,000 | 14,381,000 | 16,312,000 |
| Total loans | 8,589,000 | 8,693,000 | 8,637,000 | 8,985,000 |
| Allowance for loan losses | 136,000 | 136,000 | 141,000 | 127,000 |
| Securities available for sale | 1,072,000 | 1,492,000 | 2,004,000 | 4,457,000 |
| Securities held to maturity | 3,133,000 | 2,778,000 | 1,979,000 | 1,551,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,763,000 | 12,553,000 | 12,172,000 | 13,397,000 |
| Interest-bearing deposits | 10,775,000 | 10,393,000 | 10,137,000 | 11,309,000 |
| Noninterest-bearing deposits | 1,988,000 | 2,160,000 | 2,035,000 | 2,088,000 |
| Equity capital | 1,909,000 | 2,001,000 | 2,086,000 | 2,117,000 |
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 | 247,000 | 488,000 | 729,000 | 964,000 |
| Interest expense | 76,000 | 143,000 | 211,000 | 274,000 |
| Net interest income | 171,000 | 345,000 | 518,000 | 690,000 |
| Noninterest income | 50,000 | 113,000 | 174,000 | 229,000 |
| Noninterest expense | 167,000 | 315,000 | 484,000 | 684,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 54,000 | 143,000 | 208,000 | 235,000 |
| Income tax | 0 | 10,000 | 0 | 0 |
| Net income | 54,000 | 133,000 | 208,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,909,000 | 1,991,000 | 2,066,000 | 2,093,000 |
| Total capital | 2,045,000 | 2,127,000 | 2,199,000 | 2,220,000 |
| Risk-weighted assets | 11,250,000 | 11,759,000 | 10,610,000 | 11,488,000 |