Call reports 2008
FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE — 2008
What FARMERS AND MERCHANTS NATIONAL BANK OF FAIRVIEW, THE 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 | 71,923,000 | 73,139,000 | 75,304,000 | 80,593,000 |
| Total loans | 28,452,000 | 28,047,000 | 28,048,000 | 29,747,000 |
| Allowance for loan losses | 654,000 | 658,000 | 669,000 | 660,000 |
| Securities available for sale | 31,380,000 | 35,170,000 | 37,656,000 | 38,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,226,000 | 62,463,000 | 64,127,000 | 69,657,000 |
| Interest-bearing deposits | 47,709,000 | 46,400,000 | 47,448,000 | 52,815,000 |
| Noninterest-bearing deposits | 14,517,000 | 16,063,000 | 16,679,000 | 16,842,000 |
| Equity capital | 7,682,000 | 8,226,000 | 8,736,000 | 8,494,000 |
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 | 1,004,000 | 2,040,000 | 3,074,000 | 4,109,000 |
| Interest expense | 384,000 | 705,000 | 986,000 | 1,253,000 |
| Net interest income | 620,000 | 1,335,000 | 2,088,000 | 2,856,000 |
| Noninterest income | 166,000 | 337,000 | 511,000 | 680,000 |
| Noninterest expense | 439,000 | 911,000 | 1,352,000 | 1,931,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 25,000 |
| Pretax income | 347,000 | 761,000 | 1,232,000 | 1,580,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 347,000 | 845,000 | 1,316,000 | 1,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,594,000 | 8,537,000 | 8,767,000 | 8,090,000 |
| Total capital | 8,064,000 | 8,995,000 | 9,240,000 | 8,592,000 |
| Risk-weighted assets | 37,392,000 | 37,088,000 | 37,762,000 | 40,029,000 |