Call reports 2002
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2002
What FARMERS AND MERCHANTS STATE BANK OF PIERZ 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 | 131,591,000 | 131,798,000 | 132,411,000 | 133,042,000 |
| Total loans | 98,613,000 | 100,496,000 | 104,180,000 | 102,504,000 |
| Allowance for loan losses | 908,000 | 1,223,000 | 1,206,000 | 675,000 |
| Securities available for sale | 23,720,000 | 25,046,000 | 23,552,000 | 24,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,109,000 | 111,813,000 | 113,265,000 | 115,184,000 |
| Interest-bearing deposits | 100,724,000 | 99,053,000 | 99,257,000 | 100,578,000 |
| Noninterest-bearing deposits | 13,385,000 | 12,760,000 | 14,008,000 | 14,606,000 |
| Equity capital | 11,103,000 | 11,601,000 | 12,500,000 | 13,145,000 |
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 | 2,403,000 | 4,799,000 | 7,194,000 | 9,582,000 |
| Interest expense | 944,000 | 1,842,000 | 2,695,000 | 3,509,000 |
| Net interest income | 1,459,000 | 2,957,000 | 4,499,000 | 6,073,000 |
| Noninterest income | 167,000 | 399,000 | 616,000 | 830,000 |
| Noninterest expense | 555,000 | 1,093,000 | 1,676,000 | 2,318,000 |
| Provision for loan losses | 180,000 | 487,000 | 747,000 | 937,000 |
| Pretax income | 893,000 | 1,882,000 | 2,847,000 | 3,932,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 891,000 | 1,880,000 | 2,845,000 | 3,930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,951,000 | 11,134,000 | 11,615,000 | 12,699,000 |
| Total capital | 11,859,000 | 12,357,000 | 12,821,000 | 13,374,000 |
| Risk-weighted assets | 109,905,000 | 106,398,000 | 112,370,000 | 107,451,000 |