Call reports 2004
MERCHANTS AND FARMERS BANK — 2004
What MERCHANTS AND FARMERS 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 | 1,093,028,000 | 1,090,560,000 | 1,131,101,000 | 1,139,203,000 |
| Total loans | 781,740,000 | 790,703,000 | 839,891,000 | 844,722,000 |
| Allowance for loan losses | 10,958,000 | 11,792,000 | 12,320,000 | 11,619,000 |
| Securities available for sale | 195,925,000 | 194,608,000 | 189,192,000 | 175,654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 852,844,000 | 850,936,000 | 849,383,000 | 877,966,000 |
| Interest-bearing deposits | 736,938,000 | 723,770,000 | 719,761,000 | 740,228,000 |
| Noninterest-bearing deposits | 115,906,000 | 127,166,000 | 129,622,000 | 137,738,000 |
| Equity capital | 113,758,000 | 112,621,000 | 114,375,000 | 114,878,000 |
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 | 14,312,000 | 28,430,000 | 42,989,000 | 58,340,000 |
| Interest expense | 3,987,000 | 8,043,000 | 12,242,000 | 16,823,000 |
| Net interest income | 10,325,000 | 20,387,000 | 30,747,000 | 41,517,000 |
| Noninterest income | 3,898,000 | 7,588,000 | 11,442,000 | 15,039,000 |
| Noninterest expense | 8,020,000 | 16,735,000 | 26,257,000 | 35,600,000 |
| Provision for loan losses | 2,460,000 | 3,459,000 | 4,079,000 | 5,351,000 |
| Pretax income | 3,813,000 | 7,834,000 | 11,899,000 | 15,651,000 |
| Income tax | 1,141,000 | 2,376,000 | 3,616,000 | 4,668,000 |
| Net income | 2,672,000 | 5,458,000 | 8,283,000 | 10,983,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,562,000 | 96,713,000 | 99,036,000 | 98,643,000 |
| Total capital | 105,659,000 | 107,119,000 | 110,019,000 | 109,607,000 |
| Risk-weighted assets | 806,366,000 | 830,285,000 | 876,540,000 | 875,580,000 |