Call reports 2007
FARMERS AND MERCHANTS STATE BANK, THE — 2007
What FARMERS AND MERCHANTS STATE BANK, THE 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 | 24,602,000 | 23,889,000 | 23,767,000 | 23,027,000 |
| Total loans | 10,341,000 | 10,048,000 | 10,548,000 | 11,547,000 |
| Allowance for loan losses | 95,000 | 106,000 | 112,000 | 110,000 |
| Securities available for sale | 12,150,000 | 11,660,000 | 11,356,000 | 9,301,000 |
| Securities held to maturity | 1,074,000 | 984,000 | 907,000 | 726,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,410,000 | 16,147,000 | 16,380,000 | 15,026,000 |
| Interest-bearing deposits | 13,772,000 | 13,485,000 | 11,627,000 | 12,524,000 |
| Noninterest-bearing deposits | 2,638,000 | 2,662,000 | 4,753,000 | 2,502,000 |
| Equity capital | 2,180,000 | 2,119,000 | 2,271,000 | 2,245,000 |
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 | 367,000 | 722,000 | 1,085,000 | 1,450,000 |
| Interest expense | 165,000 | 322,000 | 476,000 | 628,000 |
| Net interest income | 202,000 | 400,000 | 609,000 | 822,000 |
| Noninterest income | 38,000 | 84,000 | 131,000 | 177,000 |
| Noninterest expense | 171,000 | 331,000 | 491,000 | 675,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 63,000 | 141,000 | 231,000 | 305,000 |
| Income tax | 0 | 0 | 0 | 17,000 |
| Net income | 63,000 | 141,000 | 231,000 | 288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,242,000 | 2,257,000 | 2,285,000 | 2,277,000 |
| Total capital | 2,337,000 | 2,363,000 | 2,397,000 | 2,387,000 |
| Risk-weighted assets | 14,552,000 | 14,339,000 | 14,664,000 | 15,643,000 |