Call reports 2008
FAMILY MERCHANTS BANK — 2008
What FAMILY 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 | 41,603,000 | 38,084,000 | 36,954,000 | 37,265,000 |
| Total loans | 25,811,000 | 27,200,000 | 25,273,000 | 22,075,000 |
| Allowance for loan losses | 566,000 | 569,000 | 469,000 | 552,000 |
| Securities available for sale | 4,073,000 | 2,912,000 | 2,832,000 | 2,773,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,180,000 | 24,605,000 | 24,328,000 | 24,094,000 |
| Interest-bearing deposits | 23,421,000 | 22,553,000 | 22,860,000 | 22,822,000 |
| Noninterest-bearing deposits | 3,759,000 | 2,052,000 | 1,468,000 | 1,272,000 |
| Equity capital | 6,111,000 | 6,000,000 | 6,167,000 | 5,775,000 |
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 | 518,000 | 1,029,000 | 1,543,000 | 1,998,000 |
| Interest expense | 341,000 | 660,000 | 968,000 | 1,254,000 |
| Net interest income | 177,000 | 369,000 | 575,000 | 744,000 |
| Noninterest income | 21,000 | 48,000 | 69,000 | 92,000 |
| Noninterest expense | 357,000 | 657,000 | 946,000 | 1,453,000 |
| Provision for loan losses | 69,000 | 69,000 | 105,000 | 204,000 |
| Pretax income | -228,000 | -309,000 | -407,000 | -821,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -228,000 | -309,000 | -407,000 | -821,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,562,000 | 3,486,000 | 3,638,000 | 3,224,000 |
| Total capital | 3,960,000 | 3,889,000 | 4,058,000 | 3,610,000 |
| Risk-weighted assets | 34,180,000 | 34,616,000 | 33,586,000 | 30,734,000 |