Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS BANK 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 | 24,450,000 | 24,734,000 | 24,553,000 | 24,843,000 |
| Total loans | 16,014,000 | 15,491,000 | 15,654,000 | 16,481,000 |
| Allowance for loan losses | 361,000 | 401,000 | 381,000 | 357,000 |
| Securities available for sale | 5,230,000 | 5,075,000 | 4,769,000 | 4,998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,708,000 | 20,966,000 | 20,796,000 | 21,157,000 |
| Interest-bearing deposits | 18,459,000 | 18,283,000 | 18,302,000 | 18,164,000 |
| Noninterest-bearing deposits | 2,249,000 | 2,683,000 | 2,494,000 | 2,993,000 |
| Equity capital | 3,650,000 | 3,665,000 | 3,665,000 | 3,610,000 |
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 | 365,000 | 655,000 | 981,000 | 1,298,000 |
| Interest expense | 108,000 | 210,000 | 302,000 | 385,000 |
| Net interest income | 257,000 | 445,000 | 679,000 | 913,000 |
| Noninterest income | 41,000 | 82,000 | 125,000 | 169,000 |
| Noninterest expense | 131,000 | 259,000 | 387,000 | 550,000 |
| Provision for loan losses | 6,000 | 52,000 | 78,000 | 163,000 |
| Pretax income | 166,000 | 221,000 | 344,000 | 374,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 166,000 | 221,000 | 344,000 | 374,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,432,000 | 3,447,000 | 3,510,000 | 3,460,000 |
| Total capital | 3,642,000 | 3,654,000 | 3,718,000 | 3,673,000 |
| Risk-weighted assets | 16,682,000 | 16,357,000 | 16,491,000 | 16,898,000 |