Call reports 2003
FARMERS & MERCHANTS BANK OF HUTSONVILLE — 2003
What FARMERS & MERCHANTS BANK OF HUTSONVILLE 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 | 37,369,000 | 36,396,000 | 36,281,000 | 37,209,000 |
| Total loans | 6,195,000 | 6,709,000 | 6,703,000 | 6,923,000 |
| Allowance for loan losses | 86,000 | 86,000 | 86,000 | 86,000 |
| Securities available for sale | 8,213,000 | 8,629,000 | 6,150,000 | 4,427,000 |
| Securities held to maturity | 2,952,000 | 1,390,000 | 3,041,000 | 4,230,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,022,000 | 26,962,000 | 26,868,000 | 27,899,000 |
| Interest-bearing deposits | 25,865,000 | 25,252,000 | 25,252,000 | 26,009,000 |
| Noninterest-bearing deposits | 2,157,000 | 1,710,000 | 1,616,000 | 1,890,000 |
| Equity capital | 5,921,000 | 5,993,000 | 5,959,000 | 5,845,000 |
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 | 303,000 | 605,000 | 894,000 | 1,186,000 |
| Interest expense | 223,000 | 422,000 | 610,000 | 790,000 |
| Net interest income | 80,000 | 183,000 | 284,000 | 396,000 |
| Noninterest income | 26,000 | 49,000 | 74,000 | 99,000 |
| Noninterest expense | 86,000 | 155,000 | 249,000 | 428,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 54,000 | 111,000 | 154,000 | 113,000 |
| Income tax | 0 | 3,000 | 5,000 | 7,000 |
| Net income | 54,000 | 108,000 | 149,000 | 106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,801,000 | 5,855,000 | 5,896,000 | 5,803,000 |
| Total capital | 5,887,000 | 5,941,000 | 5,982,000 | 5,889,000 |
| Risk-weighted assets | 12,258,000 | 12,374,000 | 12,434,000 | 12,890,000 |