Call reports 2002
MERCHANTS AND FARMERS BANK — 2002
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 1,030,631,000 | 1,022,535,000 | 1,019,386,000 | 1,033,720,000 |
| Total loans | 657,549,000 | 656,061,000 | 675,746,000 | 678,746,000 |
| Allowance for loan losses | 9,063,000 | 9,931,000 | 10,064,000 | 10,258,000 |
| Securities available for sale | 267,200,000 | 263,526,000 | 249,761,000 | 236,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 831,732,000 | 824,006,000 | 809,778,000 | 824,545,000 |
| Interest-bearing deposits | 724,473,000 | 719,095,000 | 709,837,000 | 722,620,000 |
| Noninterest-bearing deposits | 107,259,000 | 104,911,000 | 99,941,000 | 101,925,000 |
| Equity capital | 105,451,000 | 109,125,000 | 112,829,000 | 112,195,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 15,697,000 | 31,173,000 | 46,951,000 | 61,851,000 |
| Interest expense | 6,537,000 | 12,627,000 | 18,159,000 | 23,379,000 |
| Net interest income | 9,160,000 | 18,546,000 | 28,792,000 | 38,472,000 |
| Noninterest income | 3,251,000 | 6,511,000 | 10,273,000 | 13,924,000 |
| Noninterest expense | 7,853,000 | 15,911,000 | 24,743,000 | 33,122,000 |
| Provision for loan losses | 1,200,000 | 2,480,000 | 3,484,000 | 4,495,000 |
| Pretax income | 3,359,000 | 6,692,000 | 10,859,000 | 14,808,000 |
| Income tax | 952,000 | 1,889,000 | 3,130,000 | 4,297,000 |
| Net income | 2,407,000 | 4,803,000 | 7,729,000 | 10,511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,547,000 | 91,761,000 | 92,733,000 | 92,254,000 |
| Total capital | 99,003,000 | 100,427,000 | 101,324,000 | 100,900,000 |
| Risk-weighted assets | 673,196,000 | 688,973,000 | 682,978,000 | 687,414,000 |