Call reports 2003
FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE — 2003
What FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE 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 | 53,233,000 | 54,656,000 | 54,445,000 | 59,218,000 |
| Total loans | 24,753,000 | 23,985,000 | 23,693,000 | 25,541,000 |
| Allowance for loan losses | 445,000 | 459,000 | 477,000 | 452,000 |
| Securities available for sale | 21,218,000 | 23,746,000 | 23,145,000 | 24,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,188,000 | 46,317,000 | 46,121,000 | 51,089,000 |
| Interest-bearing deposits | 37,469,000 | 38,756,000 | 38,273,000 | 44,471,000 |
| Noninterest-bearing deposits | 7,719,000 | 7,561,000 | 7,848,000 | 6,618,000 |
| Equity capital | 6,854,000 | 7,134,000 | 6,921,000 | 6,916,000 |
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 | 732,000 | 1,509,000 | 2,202,000 | 2,921,000 |
| Interest expense | 184,000 | 351,000 | 507,000 | 651,000 |
| Net interest income | 548,000 | 1,158,000 | 1,695,000 | 2,270,000 |
| Noninterest income | 152,000 | 309,000 | 466,000 | 609,000 |
| Noninterest expense | 362,000 | 700,000 | 1,061,000 | 1,532,000 |
| Provision for loan losses | 10,000 | 30,000 | 45,000 | 55,000 |
| Pretax income | 328,000 | 737,000 | 1,055,000 | 1,292,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 328,000 | 737,000 | 1,055,000 | 1,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,358,000 | 6,601,000 | 6,725,000 | 6,768,000 |
| Total capital | 6,713,000 | 6,953,000 | 7,074,000 | 7,148,000 |
| Risk-weighted assets | 28,288,000 | 28,023,000 | 27,797,000 | 30,295,000 |