Call reports 2003
FARMERS AND MERCHANTS STATE BANK, THE — 2003
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 16,742,000 | 17,877,000 | 18,760,000 | 23,503,000 |
| Total loans | 8,617,000 | 9,237,000 | 8,657,000 | 9,063,000 |
| Allowance for loan losses | 126,000 | 125,000 | 134,000 | 122,000 |
| Securities available for sale | 938,000 | 1,884,000 | 5,185,000 | 10,215,000 |
| Securities held to maturity | 6,038,000 | 5,495,000 | 4,030,000 | 3,303,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,134,000 | 13,873,000 | 14,444,000 | 15,369,000 |
| Interest-bearing deposits | 12,314,000 | 12,128,000 | 12,264,000 | 12,945,000 |
| Noninterest-bearing deposits | 1,820,000 | 1,745,000 | 2,180,000 | 2,424,000 |
| Equity capital | 1,978,000 | 2,000,000 | 1,945,000 | 1,976,000 |
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 | 242,000 | 491,000 | 750,000 | 1,041,000 |
| Interest expense | 56,000 | 115,000 | 189,000 | 268,000 |
| Net interest income | 186,000 | 376,000 | 561,000 | 773,000 |
| Noninterest income | 49,000 | 103,000 | 161,000 | 217,000 |
| Noninterest expense | 161,000 | 345,000 | 557,000 | 738,000 |
| Provision for loan losses | 0 | 0 | 8,000 | 8,000 |
| Pretax income | 74,000 | 134,000 | 157,000 | 244,000 |
| Income tax | 9,000 | 0 | 0 | 0 |
| Net income | 69,000 | 134,000 | 157,000 | 244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,978,000 | 1,967,000 | 1,990,000 | 2,032,000 |
| Total capital | 2,104,000 | 2,092,000 | 2,124,000 | 2,154,000 |
| Risk-weighted assets | 11,498,000 | 12,259,000 | 11,470,000 | 13,011,000 |