Call reports 2013
MERCHANTS AND FARMERS BANK — 2013
What MERCHANTS AND FARMERS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Total assets | 1,542,114,000 | 1,519,543,000 |
| Total loans | 1,005,230,000 | 969,627,000 |
| Allowance for loan losses | 18,269,000 | 19,431,000 |
| Securities available for sale | 375,533,000 | 272,050,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,354,420,000 | 1,367,195,000 |
| Interest-bearing deposits | 1,101,957,000 | 1,062,451,000 |
| Noninterest-bearing deposits | 252,463,000 | 304,744,000 |
| Equity capital | 146,958,000 | 104,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Interest income | 14,398,000 | 28,805,000 |
| Interest expense | 1,864,000 | 3,619,000 |
| Net interest income | 12,534,000 | 25,186,000 |
| Noninterest income | 5,271,000 | 6,599,000 |
| Noninterest expense | 12,429,000 | 24,014,000 |
| Provision for loan losses | 1,280,000 | 2,660,000 |
| Pretax income | 4,112,000 | 4,467,000 |
| Income tax | 1,255,000 | 1,084,000 |
| Net income | 2,857,000 | 3,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 |
|---|---|---|
| Tier 1 capital | 141,547,000 | 104,158,000 |
| Total capital | 156,161,000 | 117,632,000 |
| Risk-weighted assets | 1,165,480,000 | 1,071,928,000 |