Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 66,208,000 | 70,219,000 | 71,003,000 | 75,485,000 |
| Total loans | 42,684,000 | 42,008,000 | 42,410,000 | 43,002,000 |
| Allowance for loan losses | 468,000 | 476,000 | 478,000 | 473,000 |
| Securities available for sale | 12,473,000 | 13,333,000 | 14,998,000 | 17,003,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,329,000 | 64,003,000 | 64,902,000 | 69,365,000 |
| Interest-bearing deposits | 52,651,000 | 55,803,000 | 56,108,000 | 60,757,000 |
| Noninterest-bearing deposits | 7,678,000 | 8,200,000 | 8,794,000 | 8,608,000 |
| Equity capital | 5,525,000 | 5,630,000 | 5,723,000 | 5,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 965,000 | 1,921,000 | 2,851,000 | 3,782,000 |
| Interest expense | 271,000 | 534,000 | 774,000 | 1,008,000 |
| Net interest income | 694,000 | 1,387,000 | 2,077,000 | 2,774,000 |
| Noninterest income | 84,000 | 174,000 | 272,000 | 365,000 |
| Noninterest expense | 554,000 | 1,105,000 | 1,650,000 | 2,253,000 |
| Provision for loan losses | 15,000 | 22,000 | 24,000 | 24,000 |
| Pretax income | 209,000 | 434,000 | 675,000 | 862,000 |
| Income tax | 5,000 | 12,000 | 18,000 | 27,000 |
| Net income | 204,000 | 422,000 | 657,000 | 835,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,284,000 | 5,380,000 | 5,554,000 | 5,648,000 |
| Total capital | 5,752,000 | 5,856,000 | 6,032,000 | 6,121,000 |
| Risk-weighted assets | 39,440,000 | 40,561,000 | 40,991,000 | 43,034,000 |