Call reports 2010
FARMERS AND MERCHANTS BANK — 2010
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 44,987,000 | 45,402,000 | 47,484,000 | 48,123,000 |
| Total loans | 42,510,000 | 42,367,000 | 44,275,000 | 43,794,000 |
| Allowance for loan losses | 276,000 | 276,000 | 276,000 | 278,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,481,000 | 30,284,000 | 31,629,000 | 32,127,000 |
| Interest-bearing deposits | 28,214,000 | 28,660,000 | 30,484,000 | 29,866,000 |
| Noninterest-bearing deposits | 2,267,000 | 1,624,000 | 1,145,000 | 2,261,000 |
| Equity capital | 4,080,000 | 4,295,000 | 4,576,000 | 4,491,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 716,000 | 1,458,000 | 2,216,000 | 2,982,000 |
| Interest expense | 209,000 | 426,000 | 640,000 | 852,000 |
| Net interest income | 507,000 | 1,032,000 | 1,576,000 | 2,130,000 |
| Noninterest income | 30,000 | 56,000 | 84,000 | 108,000 |
| Noninterest expense | 303,000 | 572,000 | 863,000 | 1,214,000 |
| Provision for loan losses | 0 | 0 | 0 | 85,000 |
| Pretax income | 234,000 | 516,000 | 797,000 | 939,000 |
| Income tax | 82,000 | 149,000 | 149,000 | 126,000 |
| Net income | 152,000 | 367,000 | 648,000 | 813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,080,000 | 4,295,000 | 4,576,000 | 4,491,000 |
| Total capital | 4,356,000 | 4,570,000 | 4,852,000 | 4,769,000 |
| Risk-weighted assets | 40,740,000 | 40,695,000 | 42,568,000 | 42,787,000 |