Call reports 2005
FARMERS & MERCHANTS STATE BANK — 2005
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Total assets | 13,825,000 | 13,825,000 | 13,446,000 |
| Total loans | 3,994,000 | 3,884,000 | 3,736,000 |
| Allowance for loan losses | 29,000 | 31,000 | 42,000 |
| Securities available for sale | 8,437,000 | 7,748,000 | 7,424,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 12,807,000 | 12,754,000 | 12,388,000 |
| Interest-bearing deposits | 9,642,000 | 9,449,000 | 9,343,000 |
| Noninterest-bearing deposits | 3,165,000 | 3,305,000 | 3,045,000 |
| Equity capital | 1,006,000 | 1,052,000 | 1,039,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Interest income | 156,000 | 316,000 | 471,000 |
| Interest expense | 32,000 | 66,000 | 102,000 |
| Net interest income | 124,000 | 250,000 | 369,000 |
| Noninterest income | 60,000 | 111,000 | 167,000 |
| Noninterest expense | 142,000 | 281,000 | 424,000 |
| Provision for loan losses | 3,000 | 17,000 | 27,000 |
| Pretax income | 39,000 | 63,000 | 85,000 |
| Income tax | 0 | 3,000 | 3,000 |
| Net income | 39,000 | 60,000 | 82,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Tier 1 capital | 1,146,000 | 1,152,000 | 1,157,000 |
| Total capital | 1,175,000 | 1,183,000 | 1,199,000 |
| Risk-weighted assets | 5,406,000 | 5,303,000 | 5,084,000 |