Call reports 2002
FARMERS & MERCHANTS STATE BANK — 2002
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 15,362,000 | 15,410,000 | 17,570,000 | 16,713,000 |
| Total loans | 5,071,000 | 5,017,000 | 5,051,000 | 5,161,000 |
| Allowance for loan losses | 39,000 | 42,000 | 42,000 | 42,000 |
| Securities available for sale | 5,625,000 | 5,638,000 | 6,027,000 | 7,104,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,166,000 | 14,136,000 | 16,220,000 | 15,368,000 |
| Interest-bearing deposits | 11,035,000 | 11,010,000 | 11,174,000 | 11,133,000 |
| Noninterest-bearing deposits | 3,131,000 | 3,126,000 | 5,046,000 | 4,235,000 |
| Equity capital | 1,161,000 | 1,211,000 | 1,260,000 | 1,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 208,000 | 412,000 | 603,000 | 820,000 |
| Interest expense | 86,000 | 160,000 | 229,000 | 291,000 |
| Net interest income | 122,000 | 252,000 | 374,000 | 529,000 |
| Noninterest income | 47,000 | 91,000 | 139,000 | 188,000 |
| Noninterest expense | 132,000 | 278,000 | 418,000 | 591,000 |
| Provision for loan losses | 2,000 | 2,000 | 2,000 | 7,000 |
| Pretax income | 35,000 | 104,000 | 184,000 | 231,000 |
| Income tax | 6,000 | 18,000 | 40,000 | 64,000 |
| Net income | 29,000 | 86,000 | 144,000 | 167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,153,000 | 1,177,000 | 1,218,000 | 1,210,000 |
| Total capital | 1,192,000 | 1,219,000 | 1,260,000 | 1,252,000 |
| Risk-weighted assets | 6,874,000 | 5,854,000 | 6,198,000 | 6,861,000 |