Call reports 2003
OLD FARMERS & MERCHANTS STATE BANK — 2003
What OLD FARMERS & MERCHANTS STATE BANK 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 | 35,893,000 | 35,765,000 | 36,335,000 | 39,017,000 |
| Total loans | 19,612,000 | 19,857,000 | 20,002,000 | 19,919,000 |
| Allowance for loan losses | 235,000 | 292,000 | 246,000 | 215,000 |
| Securities available for sale | 11,057,000 | 11,320,000 | 12,027,000 | 13,045,000 |
| Securities held to maturity | 329,000 | 329,000 | 329,000 | 169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,903,000 | 32,753,000 | 32,824,000 | 36,024,000 |
| Interest-bearing deposits | 28,790,000 | 28,206,000 | 28,875,000 | 28,455,000 |
| Noninterest-bearing deposits | 4,113,000 | 4,547,000 | 3,949,000 | 7,569,000 |
| Equity capital | 2,817,000 | 2,846,000 | 2,838,000 | 2,849,000 |
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 | 473,000 | 939,000 | 1,403,000 | 1,861,000 |
| Interest expense | 160,000 | 314,000 | 447,000 | 576,000 |
| Net interest income | 313,000 | 625,000 | 956,000 | 1,285,000 |
| Noninterest income | 43,000 | 86,000 | 129,000 | 167,000 |
| Noninterest expense | 235,000 | 470,000 | 704,000 | 938,000 |
| Provision for loan losses | 30,000 | 30,000 | 40,000 | 70,000 |
| Pretax income | 94,000 | 226,000 | 358,000 | 461,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 94,000 | 226,000 | 358,000 | 461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,604,000 | 2,629,000 | 2,731,000 | 2,724,000 |
| Total capital | 2,839,000 | 2,889,000 | 2,977,000 | 2,939,000 |
| Risk-weighted assets | 20,766,000 | 20,788,000 | 21,105,000 | 21,689,000 |