Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS 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 | 44,835,000 | 44,108,000 | 46,760,000 | 49,627,000 |
| Total loans | 25,086,000 | 26,510,000 | 28,420,000 | 28,556,000 |
| Allowance for loan losses | 273,000 | 280,000 | 281,000 | 282,000 |
| Securities available for sale | 4,907,000 | 5,539,000 | 7,119,000 | 7,036,000 |
| Securities held to maturity | 145,000 | 120,000 | 120,000 | 120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,302,000 | 38,439,000 | 40,910,000 | 44,097,000 |
| Interest-bearing deposits | 32,516,000 | 32,076,000 | 34,172,000 | 35,821,000 |
| Noninterest-bearing deposits | 6,786,000 | 6,363,000 | 6,738,000 | 8,276,000 |
| Equity capital | 5,159,000 | 5,337,000 | 5,504,000 | 5,213,000 |
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 | 588,000 | 1,174,000 | 1,780,000 | 2,393,000 |
| Interest expense | 140,000 | 270,000 | 395,000 | 521,000 |
| Net interest income | 448,000 | 904,000 | 1,385,000 | 1,872,000 |
| Noninterest income | 26,000 | 60,000 | 85,000 | 119,000 |
| Noninterest expense | 239,000 | 471,000 | 714,000 | 1,035,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 20,000 |
| Pretax income | 235,000 | 473,000 | 736,000 | 936,000 |
| Income tax | 82,000 | 161,000 | 253,000 | 315,000 |
| Net income | 153,000 | 312,000 | 483,000 | 621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,098,000 | 5,256,000 | 5,428,000 | 5,191,000 |
| Total capital | 5,371,000 | 5,536,000 | 5,709,000 | 5,473,000 |
| Risk-weighted assets | 28,799,000 | 30,221,000 | 32,250,000 | 33,177,000 |