Call reports 2007
FARMERS AND MERCHANTS BANK — 2007
What FARMERS AND MERCHANTS BANK 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 | 37,782,000 | 37,967,000 | 38,661,000 | 42,141,000 |
| Total loans | 34,914,000 | 35,087,000 | 36,237,000 | 37,369,000 |
| Allowance for loan losses | 262,000 | 265,000 | 268,000 | 271,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,095,000 | 26,294,000 | 25,987,000 | 28,175,000 |
| Interest-bearing deposits | 25,561,000 | 24,907,000 | 24,520,000 | 26,498,000 |
| Noninterest-bearing deposits | 1,534,000 | 1,387,000 | 1,467,000 | 1,677,000 |
| Equity capital | 3,250,000 | 3,349,000 | 3,453,000 | 3,422,000 |
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 | 790,000 | 1,587,000 | 2,399,000 | 3,184,000 |
| Interest expense | 355,000 | 717,000 | 1,076,000 | 1,426,000 |
| Net interest income | 435,000 | 870,000 | 1,323,000 | 1,758,000 |
| Noninterest income | 31,000 | 62,000 | 87,000 | 123,000 |
| Noninterest expense | 248,000 | 481,000 | 718,000 | 1,007,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 215,000 | 445,000 | 683,000 | 862,000 |
| Income tax | 76,000 | 157,000 | 241,000 | 301,000 |
| Net income | 139,000 | 288,000 | 442,000 | 561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,250,000 | 3,349,000 | 3,453,000 | 3,422,000 |
| Total capital | 3,512,000 | 3,614,000 | 3,721,000 | 3,693,000 |
| Risk-weighted assets | 33,122,000 | 33,433,000 | 34,111,000 | 34,650,000 |