Call reports 2007
MERCHANTS AND FARMERS BANK — 2007
What MERCHANTS AND FARMERS 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 | 1,560,785,000 | 1,581,134,000 | 1,620,371,000 | 1,650,228,000 |
| Total loans | 1,117,305,000 | 1,153,538,000 | 1,205,294,000 | 1,225,005,000 |
| Allowance for loan losses | 15,276,000 | 15,059,000 | 14,941,000 | 14,217,000 |
| Securities available for sale | 248,624,000 | 235,290,000 | 236,888,000 | 237,138,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,209,336,000 | 1,212,489,000 | 1,215,390,000 | 1,262,764,000 |
| Interest-bearing deposits | 1,021,210,000 | 1,024,875,000 | 1,029,257,000 | 1,071,548,000 |
| Noninterest-bearing deposits | 188,126,000 | 187,614,000 | 186,133,000 | 191,216,000 |
| Equity capital | 158,091,000 | 159,720,000 | 163,573,000 | 167,191,000 |
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 | 24,438,000 | 49,656,000 | 75,827,000 | 102,357,000 |
| Interest expense | 10,688,000 | 21,771,000 | 33,501,000 | 45,658,000 |
| Net interest income | 13,750,000 | 27,885,000 | 42,326,000 | 56,699,000 |
| Noninterest income | 5,437,000 | 10,190,000 | 15,472,000 | 20,588,000 |
| Noninterest expense | 12,600,000 | 25,082,000 | 37,951,000 | 50,948,000 |
| Provision for loan losses | 630,000 | 1,260,000 | 1,890,000 | 2,520,000 |
| Pretax income | 5,957,000 | 11,733,000 | 17,957,000 | 23,782,000 |
| Income tax | 1,952,000 | 3,852,000 | 5,930,000 | 7,850,000 |
| Net income | 4,005,000 | 7,881,000 | 12,027,000 | 15,932,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,593,000 | 127,107,000 | 129,924,000 | 132,452,000 |
| Total capital | 139,840,000 | 142,167,000 | 144,865,000 | 146,679,000 |
| Risk-weighted assets | 1,219,580,000 | 1,270,880,000 | 1,342,663,000 | 1,362,474,000 |