Call reports 2002
FARMERS & MERCHANTS STATE BANK — 2002
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 91,119,000 | 95,729,000 | 100,798,000 | 102,212,000 |
| Total loans | 50,727,000 | 52,179,000 | 55,131,000 | 56,405,000 |
| Allowance for loan losses | 826,000 | 842,000 | 858,000 | 784,000 |
| Securities available for sale | 33,088,000 | 36,378,000 | 36,262,000 | 36,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,693,000 | 78,676,000 | 83,030,000 | 82,817,000 |
| Interest-bearing deposits | 66,275,000 | 69,850,000 | 74,357,000 | 73,317,000 |
| Noninterest-bearing deposits | 8,418,000 | 8,826,000 | 8,673,000 | 9,500,000 |
| Equity capital | 15,355,000 | 16,093,000 | 16,664,000 | 16,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,430,000 | 2,847,000 | 4,341,000 | 5,868,000 |
| Interest expense | 533,000 | 1,043,000 | 1,545,000 | 2,030,000 |
| Net interest income | 897,000 | 1,804,000 | 2,796,000 | 3,838,000 |
| Noninterest income | 136,000 | 317,000 | 521,000 | 757,000 |
| Noninterest expense | 609,000 | 1,293,000 | 1,950,000 | 2,626,000 |
| Provision for loan losses | 19,000 | 37,000 | 56,000 | 75,000 |
| Pretax income | 405,000 | 791,000 | 1,311,000 | 1,894,000 |
| Income tax | 85,000 | 155,000 | 281,000 | 407,000 |
| Net income | 320,000 | 636,000 | 1,030,000 | 1,487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,406,000 | 14,930,000 | 14,871,000 | 14,996,000 |
| Total capital | 15,201,000 | 15,766,000 | 15,692,000 | 15,780,000 |
| Risk-weighted assets | 63,776,000 | 66,644,000 | 66,207,000 | 66,685,000 |