Call reports 2008
FARMERS AND MERCHANTS BANK — 2008
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 77,588,000 | 75,002,000 | 77,935,000 | 77,351,000 |
| Total loans | 53,432,000 | 55,465,000 | 56,036,000 | 55,087,000 |
| Allowance for loan losses | 469,000 | 421,000 | 428,000 | 409,000 |
| Securities available for sale | 13,289,000 | 12,667,000 | 11,491,000 | 12,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,764,000 | 67,759,000 | 70,562,000 | 70,020,000 |
| Interest-bearing deposits | 62,316,000 | 60,401,000 | 60,906,000 | 62,016,000 |
| Noninterest-bearing deposits | 7,448,000 | 7,358,000 | 9,656,000 | 8,004,000 |
| Equity capital | 6,416,000 | 6,404,000 | 6,564,000 | 6,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,130,000 | 2,251,000 | 3,378,000 | 4,479,000 |
| Interest expense | 409,000 | 732,000 | 1,039,000 | 1,342,000 |
| Net interest income | 721,000 | 1,519,000 | 2,339,000 | 3,137,000 |
| Noninterest income | 172,000 | 287,000 | 482,000 | 714,000 |
| Noninterest expense | 682,000 | 1,370,000 | 2,078,000 | 2,982,000 |
| Provision for loan losses | -201,000 | -247,000 | -233,000 | -222,000 |
| Pretax income | 412,000 | 683,000 | 976,000 | 1,091,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 412,000 | 683,000 | 976,000 | 1,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,321,000 | 6,523,000 | 6,620,000 | 6,540,000 |
| Total capital | 6,790,000 | 6,944,000 | 7,048,000 | 6,949,000 |
| Risk-weighted assets | 52,988,000 | 52,825,000 | 52,051,000 | 51,235,000 |