Call reports 2011
MERCHANTS AND FARMERS BANK — 2011
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,602,473,000 | 1,618,092,000 | 1,579,630,000 | 1,561,320,000 |
| Total loans | 1,053,847,000 | 1,046,712,000 | 1,026,642,000 | 1,022,413,000 |
| Allowance for loan losses | 17,043,000 | 18,805,000 | 16,111,000 | 14,953,000 |
| Securities available for sale | 294,742,000 | 291,608,000 | 305,652,000 | 319,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,402,135,000 | 1,426,755,000 | 1,384,992,000 | 1,372,438,000 |
| Interest-bearing deposits | 1,193,668,000 | 1,183,119,000 | 1,162,940,000 | 1,140,710,000 |
| Noninterest-bearing deposits | 208,467,000 | 243,636,000 | 222,052,000 | 231,728,000 |
| Equity capital | 135,048,000 | 137,270,000 | 138,609,000 | 137,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 17,569,000 | 35,166,000 | 52,400,000 | 68,698,000 |
| Interest expense | 4,355,000 | 8,351,000 | 12,038,000 | 15,374,000 |
| Net interest income | 13,214,000 | 26,815,000 | 40,362,000 | 53,324,000 |
| Noninterest income | 2,662,000 | 5,964,000 | 10,040,000 | 13,845,000 |
| Noninterest expense | 12,727,000 | 25,853,000 | 39,083,000 | 52,593,000 |
| Provision for loan losses | 2,580,000 | 4,860,000 | 7,440,000 | 9,720,000 |
| Pretax income | 1,622,000 | 3,375,000 | 5,448,000 | 6,994,000 |
| Income tax | 319,000 | 750,000 | 1,277,000 | 1,606,000 |
| Net income | 1,303,000 | 2,625,000 | 4,171,000 | 5,388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,655,000 | 123,873,000 | 125,976,000 | 126,487,000 |
| Total capital | 135,454,000 | 138,660,000 | 140,568,000 | 141,087,000 |
| Risk-weighted assets | 1,181,660,000 | 1,178,978,000 | 1,165,886,000 | 1,167,619,000 |