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 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 74,772,000 | 72,182,000 | 73,024,000 | 77,170,000 |
| Total loans | 50,114,000 | 52,889,000 | 53,460,000 | 52,495,000 |
| Allowance for loan losses | 406,000 | 333,000 | 352,000 | 353,000 |
| Securities available for sale | 12,737,000 | 12,180,000 | 12,786,000 | 12,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,667,000 | 65,216,000 | 65,671,000 | 69,999,000 |
| Interest-bearing deposits | 59,041,000 | 57,339,000 | 57,918,000 | 60,485,000 |
| Noninterest-bearing deposits | 8,626,000 | 7,877,000 | 7,753,000 | 9,514,000 |
| Equity capital | 5,873,000 | 5,503,000 | 5,736,000 | 5,936,000 |
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 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,086,000 | 2,231,000 | 3,396,000 | 4,545,000 |
| Interest expense | 426,000 | 870,000 | 1,335,000 | 1,774,000 |
| Net interest income | 660,000 | 1,361,000 | 2,061,000 | 2,771,000 |
| Noninterest income | 151,000 | 320,000 | 504,000 | 676,000 |
| Noninterest expense | 626,000 | 1,247,000 | 1,896,000 | 2,540,000 |
| Provision for loan losses | 18,000 | 153,000 | 170,000 | 191,000 |
| Pretax income | 167,000 | 280,000 | 498,000 | 715,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 167,000 | 280,000 | 498,000 | 715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,928,000 | 5,619,000 | 5,776,000 | 5,909,000 |
| Total capital | 6,334,000 | 5,952,000 | 6,128,000 | 6,262,000 |
| Risk-weighted assets | 49,265,000 | 50,052,000 | 50,472,000 | 52,840,000 |