Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS BANK 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 | 24,777,000 | 26,098,000 | 27,197,000 | 25,909,000 |
| Total loans | 22,437,000 | 23,772,000 | 24,352,000 | 23,787,000 |
| Allowance for loan losses | 212,000 | 215,000 | 218,000 | 221,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,000 | 15,000 | 13,000 | 12,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,009,000 | 19,877,000 | 20,557,000 | 19,589,000 |
| Interest-bearing deposits | 19,179,000 | 18,978,000 | 19,773,000 | 19,005,000 |
| Noninterest-bearing deposits | 830,000 | 899,000 | 784,000 | 584,000 |
| Equity capital | 2,012,000 | 2,089,000 | 2,063,000 | 2,060,000 |
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 | 433,000 | 871,000 | 1,332,000 | 1,795,000 |
| Interest expense | 162,000 | 319,000 | 486,000 | 660,000 |
| Net interest income | 271,000 | 552,000 | 846,000 | 1,135,000 |
| Noninterest income | 20,000 | 51,000 | 83,000 | 97,000 |
| Noninterest expense | 166,000 | 347,000 | 514,000 | 730,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 122,000 | 250,000 | 406,000 | 490,000 |
| Income tax | 46,000 | 87,000 | 144,000 | 171,000 |
| Net income | 76,000 | 163,000 | 262,000 | 319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,012,000 | 2,089,000 | 2,063,000 | 2,060,000 |
| Total capital | 2,224,000 | 2,304,000 | 2,281,000 | 2,281,000 |
| Risk-weighted assets | 20,112,000 | 21,835,000 | 22,603,000 | 21,922,000 |