Call reports 2007
FARMERS AND MERCHANTS BANK — 2007
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Total assets | 51,394,000 | 54,183,000 |
| Total loans | 29,427,000 | 32,192,000 |
| Allowance for loan losses | 292,000 | 292,000 |
| Securities available for sale | 7,254,000 | 7,241,000 |
| Securities held to maturity | 633,000 | 633,000 |
| Trading assets | 0 | 0 |
| Total deposits | 44,364,000 | 44,282,000 |
| Interest-bearing deposits | 37,422,000 | 37,981,000 |
| Noninterest-bearing deposits | 6,942,000 | 6,301,000 |
| Equity capital | 6,613,000 | 9,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Interest income | 865,000 | 595,000 |
| Interest expense | 292,000 | 213,000 |
| Net interest income | 573,000 | 382,000 |
| Noninterest income | 25,000 | 20,000 |
| Noninterest expense | 271,000 | 265,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 327,000 | 137,000 |
| Income tax | 112,000 | 3,000 |
| Net income | 215,000 | 134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Tier 1 capital | 6,635,000 | 7,332,000 |
| Total capital | 6,927,000 | 7,624,000 |
| Risk-weighted assets | 34,290,000 | 36,617,000 |