Call reports 2004
FARMERS AND MERCHANTS BANK — 2004
What FARMERS AND MERCHANTS BANK 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 | 50,725,000 | 47,053,000 | 44,474,000 | 47,519,000 |
| Total loans | 26,130,000 | 26,576,000 | 27,859,000 | 29,936,000 |
| Allowance for loan losses | 282,000 | 278,000 | 277,000 | 281,000 |
| Securities available for sale | 6,578,000 | 6,908,000 | 6,585,000 | 6,240,000 |
| Securities held to maturity | 120,000 | 80,000 | 80,000 | 130,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,021,000 | 41,450,000 | 38,581,000 | 41,919,000 |
| Interest-bearing deposits | 37,065,000 | 32,700,000 | 31,573,000 | 34,186,000 |
| Noninterest-bearing deposits | 7,956,000 | 8,750,000 | 7,008,000 | 7,733,000 |
| Equity capital | 5,383,000 | 5,409,000 | 5,647,000 | 5,371,000 |
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 | 584,000 | 1,138,000 | 1,715,000 | 2,355,000 |
| Interest expense | 130,000 | 253,000 | 365,000 | 486,000 |
| Net interest income | 454,000 | 885,000 | 1,350,000 | 1,869,000 |
| Noninterest income | 17,000 | 42,000 | 86,000 | 110,000 |
| Noninterest expense | 245,000 | 477,000 | 699,000 | 1,044,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 226,000 | 450,000 | 737,000 | 935,000 |
| Income tax | 84,000 | 172,000 | 272,000 | 341,000 |
| Net income | 142,000 | 278,000 | 465,000 | 594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,333,000 | 5,469,000 | 5,656,000 | 5,410,000 |
| Total capital | 5,615,000 | 5,747,000 | 5,933,000 | 5,691,000 |
| Risk-weighted assets | 31,211,000 | 30,915,000 | 31,545,000 | 34,160,000 |