Call reports 2001
FARMERS & MERCHANTS STATE BANK — 2001
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 82,875,000 | 85,809,000 | 89,086,000 | 91,902,000 |
| Total loans | 49,944,000 | 50,745,000 | 54,946,000 | 49,518,000 |
| Allowance for loan losses | 815,000 | 813,000 | 806,000 | 807,000 |
| Securities available for sale | 27,508,000 | 29,909,000 | 28,437,000 | 31,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,073,000 | 69,695,000 | 72,034,000 | 75,808,000 |
| Interest-bearing deposits | 59,123,000 | 61,393,000 | 62,403,000 | 66,504,000 |
| Noninterest-bearing deposits | 7,950,000 | 8,302,000 | 9,631,000 | 9,304,000 |
| Equity capital | 14,988,000 | 15,220,000 | 15,818,000 | 15,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,467,000 | 2,928,000 | 4,446,000 | 5,953,000 |
| Interest expense | 709,000 | 1,393,000 | 2,070,000 | 2,661,000 |
| Net interest income | 758,000 | 1,535,000 | 2,376,000 | 3,292,000 |
| Noninterest income | 85,000 | 200,000 | 325,000 | 492,000 |
| Noninterest expense | 532,000 | 1,125,000 | 1,685,000 | 2,325,000 |
| Provision for loan losses | 0 | 0 | 0 | 55,000 |
| Pretax income | 311,000 | 610,000 | 1,021,000 | 1,431,000 |
| Income tax | 38,000 | 69,000 | 138,000 | 214,000 |
| Net income | 273,000 | 541,000 | 883,000 | 1,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,799,000 | 15,049,000 | 15,405,000 | 15,000,000 |
| Total capital | 15,524,000 | 15,772,000 | 16,206,000 | 15,791,000 |
| Risk-weighted assets | 57,891,000 | 57,750,000 | 64,073,000 | 63,017,000 |