Call reports 2004
FARMERS & MERCHANTS STATE BANK — 2004
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 122,445,000 | 124,830,000 | 126,377,000 | 125,119,000 |
| Total loans | 79,015,000 | 79,858,000 | 81,454,000 | 80,923,000 |
| Allowance for loan losses | 1,190,000 | 1,220,000 | 1,300,000 | 1,346,000 |
| Securities available for sale | 34,664,000 | 36,333,000 | 36,719,000 | 35,368,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,026,000 | 88,717,000 | 90,692,000 | 92,056,000 |
| Interest-bearing deposits | 78,800,000 | 77,940,000 | 80,865,000 | 79,736,000 |
| Noninterest-bearing deposits | 10,226,000 | 10,777,000 | 9,827,000 | 12,320,000 |
| Equity capital | 17,101,000 | 16,943,000 | 17,621,000 | 17,283,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,599,000 | 3,221,000 | 4,843,000 | 6,498,000 |
| Interest expense | 410,000 | 845,000 | 1,299,000 | 1,767,000 |
| Net interest income | 1,189,000 | 2,376,000 | 3,544,000 | 4,731,000 |
| Noninterest income | 209,000 | 495,000 | 803,000 | 1,049,000 |
| Noninterest expense | 846,000 | 1,710,000 | 2,540,000 | 3,235,000 |
| Provision for loan losses | 43,000 | 95,000 | 148,000 | 200,000 |
| Pretax income | 509,000 | 1,066,000 | 1,659,000 | 2,345,000 |
| Income tax | 134,000 | 327,000 | 530,000 | 734,000 |
| Net income | 375,000 | 739,000 | 1,129,000 | 1,611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,412,000 | 16,776,000 | 17,167,000 | 17,023,000 |
| Total capital | 17,539,000 | 17,928,000 | 18,337,000 | 18,203,000 |
| Risk-weighted assets | 90,106,000 | 91,900,000 | 93,451,000 | 94,273,000 |