Call reports 2003
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2003
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 138,639,000 | 144,888,000 | 145,927,000 | 149,506,000 |
| Total loans | 105,063,000 | 106,921,000 | 105,015,000 | 105,232,000 |
| Allowance for loan losses | 783,000 | 816,000 | 880,000 | 757,000 |
| Securities available for sale | 27,858,000 | 31,304,000 | 36,716,000 | 37,526,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,770,000 | 126,890,000 | 128,756,000 | 131,315,000 |
| Interest-bearing deposits | 104,866,000 | 109,660,000 | 107,723,000 | 112,107,000 |
| Noninterest-bearing deposits | 14,904,000 | 17,230,000 | 21,033,000 | 19,208,000 |
| Equity capital | 12,204,000 | 12,989,000 | 12,842,000 | 14,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,294,000 | 4,649,000 | 6,998,000 | 9,317,000 |
| Interest expense | 709,000 | 1,414,000 | 2,092,000 | 2,754,000 |
| Net interest income | 1,585,000 | 3,235,000 | 4,906,000 | 6,563,000 |
| Noninterest income | 30,000 | 252,000 | 477,000 | 693,000 |
| Noninterest expense | 587,000 | 1,172,000 | 1,773,000 | 2,423,000 |
| Provision for loan losses | 161,000 | 191,000 | 221,000 | 251,000 |
| Pretax income | 874,000 | 2,132,000 | 3,397,000 | 4,590,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 872,000 | 2,130,000 | 3,395,000 | 4,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,577,000 | 11,933,000 | 12,668,000 | 13,862,000 |
| Total capital | 12,360,000 | 12,749,000 | 13,548,000 | 14,619,000 |
| Risk-weighted assets | 110,735,000 | 112,168,000 | 112,757,000 | 113,250,000 |