Call reports 2004
FARMERS AND MERCHANTS BANK — 2004
What FARMERS AND MERCHANTS BANK 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 | 26,992,000 | 27,167,000 | 29,542,000 | 30,111,000 |
| Total loans | 24,879,000 | 25,266,000 | 27,357,000 | 26,396,000 |
| Allowance for loan losses | 224,000 | 227,000 | 230,000 | 234,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,000 | 8,000 | 7,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,374,000 | 20,365,000 | 21,883,000 | 23,877,000 |
| Interest-bearing deposits | 19,624,000 | 19,156,000 | 20,797,000 | 22,240,000 |
| Noninterest-bearing deposits | 750,000 | 1,209,000 | 1,086,000 | 1,637,000 |
| Equity capital | 2,126,000 | 2,189,000 | 2,274,000 | 2,308,000 |
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 | 450,000 | 899,000 | 1,373,000 | 1,844,000 |
| Interest expense | 162,000 | 323,000 | 492,000 | 668,000 |
| Net interest income | 288,000 | 576,000 | 881,000 | 1,176,000 |
| Noninterest income | 19,000 | 36,000 | 57,000 | 70,000 |
| Noninterest expense | 200,000 | 404,000 | 595,000 | 806,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 104,000 | 202,000 | 334,000 | 428,000 |
| Income tax | 38,000 | 73,000 | 120,000 | 150,000 |
| Net income | 66,000 | 129,000 | 214,000 | 278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,126,000 | 2,189,000 | 2,274,000 | 2,308,000 |
| Total capital | 2,350,000 | 2,416,000 | 2,504,000 | 2,542,000 |
| Risk-weighted assets | 22,467,000 | 22,529,000 | 24,774,000 | 24,455,000 |