Call reports 2004
FARMERS & MERCHANTS STATE BANK — 2004
What FARMERS & MERCHANTS STATE 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 | 15,007,000 | 15,357,000 | 14,931,000 | 14,776,000 |
| Total loans | 4,372,000 | 4,297,000 | 4,103,000 | 4,178,000 |
| Allowance for loan losses | 30,000 | 34,000 | 45,000 | 46,000 |
| Securities available for sale | 6,876,000 | 7,211,000 | 6,568,000 | 6,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,745,000 | 14,241,000 | 13,830,000 | 13,693,000 |
| Interest-bearing deposits | 10,667,000 | 10,501,000 | 10,322,000 | 10,264,000 |
| Noninterest-bearing deposits | 3,078,000 | 3,740,000 | 3,508,000 | 3,429,000 |
| Equity capital | 1,238,000 | 1,097,000 | 1,080,000 | 1,076,000 |
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 | 151,000 | 302,000 | 451,000 | 598,000 |
| Interest expense | 39,000 | 75,000 | 110,000 | 143,000 |
| Net interest income | 112,000 | 227,000 | 341,000 | 455,000 |
| Noninterest income | 53,000 | 106,000 | 156,000 | 210,000 |
| Noninterest expense | 144,000 | 303,000 | 459,000 | 596,000 |
| Provision for loan losses | 3,000 | 6,000 | 113,000 | 113,000 |
| Pretax income | 44,000 | 50,000 | -40,000 | -9,000 |
| Income tax | 3,000 | 7,000 | 7,000 | 0 |
| Net income | 41,000 | 43,000 | -47,000 | -9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,254,000 | 1,232,000 | 1,120,000 | 1,137,000 |
| Total capital | 1,284,000 | 1,266,000 | 1,165,000 | 1,183,000 |
| Risk-weighted assets | 5,843,000 | 6,020,000 | 5,669,000 | 5,658,000 |