Call reports 2004
FARMERS AND MERCHANTS STATE BANK OF PIERZ — 2004
What FARMERS AND MERCHANTS STATE BANK OF PIERZ reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 148,611,000 | 148,303,000 | 150,829,000 | 149,475,000 |
| Total loans | 105,955,000 | 107,129,000 | 108,656,000 | 111,143,000 |
| Allowance for loan losses | 838,000 | 838,000 | 869,000 | 860,000 |
| Securities available for sale | 37,529,000 | 36,110,000 | 37,109,000 | 32,920,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,579,000 | 129,701,000 | 130,823,000 | 129,731,000 |
| Interest-bearing deposits | 109,929,000 | 112,371,000 | 111,598,000 | 110,291,000 |
| Noninterest-bearing deposits | 17,650,000 | 17,330,000 | 19,225,000 | 19,440,000 |
| Equity capital | 13,591,000 | 11,920,000 | 14,019,000 | 14,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,213,000 | 4,444,000 | 6,733,000 | 9,022,000 |
| Interest expense | 628,000 | 1,253,000 | 1,885,000 | 2,511,000 |
| Net interest income | 1,585,000 | 3,191,000 | 4,848,000 | 6,511,000 |
| Noninterest income | 174,000 | 387,000 | 626,000 | 844,000 |
| Noninterest expense | 588,000 | 1,229,000 | 1,858,000 | 2,564,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 1,171,000 | 2,319,000 | 3,549,000 | 4,768,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 1,169,000 | 2,317,000 | 3,547,000 | 4,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,529,000 | 12,691,000 | 13,437,000 | 14,655,000 |
| Total capital | 13,367,000 | 13,529,000 | 14,306,000 | 15,515,000 |
| Risk-weighted assets | 112,648,000 | 113,096,000 | 115,299,000 | 117,457,000 |