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 | 34,549,000 | 34,454,000 | 35,423,000 | 35,712,000 |
| Total loans | 19,820,000 | 20,085,000 | 20,098,000 | 21,588,000 |
| Allowance for loan losses | 426,000 | 432,000 | 451,000 | 435,000 |
| Securities available for sale | 7,000,000 | 7,360,000 | 9,110,000 | 9,565,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,045,000 | 29,987,000 | 30,792,000 | 31,100,000 |
| Interest-bearing deposits | 25,097,000 | 25,347,000 | 25,985,000 | 25,370,000 |
| Noninterest-bearing deposits | 4,948,000 | 4,640,000 | 4,807,000 | 5,730,000 |
| Equity capital | 4,319,000 | 4,276,000 | 4,465,000 | 4,468,000 |
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 | 510,000 | 1,013,000 | 1,515,000 | 2,007,000 |
| Interest expense | 206,000 | 391,000 | 563,000 | 720,000 |
| Net interest income | 304,000 | 622,000 | 952,000 | 1,287,000 |
| Noninterest income | 45,000 | 92,000 | 141,000 | 186,000 |
| Noninterest expense | 168,000 | 366,000 | 564,000 | 867,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 181,000 | 348,000 | 529,000 | 606,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 181,000 | 348,000 | 529,000 | 606,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,205,000 | 4,306,000 | 4,402,000 | 4,279,000 |
| Total capital | 4,473,000 | 4,575,000 | 4,673,000 | 4,560,000 |
| Risk-weighted assets | 21,243,000 | 21,356,000 | 21,475,000 | 22,294,000 |