Call reports 2004
FARMERS AND MERCHANTS STATE BANK, THE — 2004
What FARMERS AND MERCHANTS STATE BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 23,892,000 | 23,381,000 | 24,801,000 | 25,760,000 |
| Total loans | 8,121,000 | 8,274,000 | 8,811,000 | 9,189,000 |
| Allowance for loan losses | 125,000 | 126,000 | 126,000 | 126,000 |
| Securities available for sale | 11,621,000 | 10,667,000 | 11,788,000 | 12,463,000 |
| Securities held to maturity | 3,046,000 | 3,496,000 | 3,354,000 | 3,147,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,532,000 | 16,215,000 | 16,490,000 | 16,473,000 |
| Interest-bearing deposits | 14,367,000 | 13,968,000 | 14,202,000 | 14,301,000 |
| Noninterest-bearing deposits | 2,165,000 | 2,247,000 | 2,288,000 | 2,172,000 |
| Equity capital | 2,126,000 | 1,819,000 | 2,127,000 | 1,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 291,000 | 571,000 | 915,000 | 1,221,000 |
| Interest expense | 81,000 | 155,000 | 242,000 | 334,000 |
| Net interest income | 210,000 | 416,000 | 673,000 | 887,000 |
| Noninterest income | 53,000 | 108,000 | 169,000 | 229,000 |
| Noninterest expense | 204,000 | 429,000 | 627,000 | 857,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 66,000 | 102,000 | 220,000 | 264,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 66,000 | 102,000 | 220,000 | 264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,048,000 | 2,084,000 | 2,202,000 | 2,096,000 |
| Total capital | 2,173,000 | 2,210,000 | 2,328,000 | 2,222,000 |
| Risk-weighted assets | 12,485,000 | 12,326,000 | 12,683,000 | 13,376,000 |