Call reports 2005
FARMERS & MERCHANTS STATE BANK — 2005
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 127,648,000 | 130,553,000 | 135,341,000 | 136,108,000 |
| Total loans | 84,303,000 | 86,726,000 | 92,203,000 | 93,544,000 |
| Allowance for loan losses | 1,344,000 | 1,374,000 | 1,385,000 | 1,475,000 |
| Securities available for sale | 34,853,000 | 35,412,000 | 34,697,000 | 33,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,932,000 | 95,468,000 | 93,670,000 | 97,816,000 |
| Interest-bearing deposits | 81,051,000 | 84,824,000 | 82,391,000 | 85,470,000 |
| Noninterest-bearing deposits | 11,881,000 | 10,644,000 | 11,279,000 | 12,346,000 |
| Equity capital | 17,360,000 | 17,901,000 | 18,170,000 | 17,398,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,666,000 | 3,437,000 | 5,338,000 | 7,286,000 |
| Interest expense | 502,000 | 1,088,000 | 1,782,000 | 2,560,000 |
| Net interest income | 1,164,000 | 2,349,000 | 3,556,000 | 4,726,000 |
| Noninterest income | 246,000 | 464,000 | 728,000 | 957,000 |
| Noninterest expense | 786,000 | 1,606,000 | 2,394,000 | 3,073,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 250,000 |
| Pretax income | 599,000 | 1,157,000 | 1,815,000 | 2,360,000 |
| Income tax | 180,000 | 353,000 | 564,000 | 736,000 |
| Net income | 419,000 | 804,000 | 1,251,000 | 1,624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,441,000 | 17,802,000 | 18,249,000 | 17,621,000 |
| Total capital | 18,666,000 | 19,051,000 | 19,503,000 | 17,810,000 |
| Risk-weighted assets | 97,792,000 | 100,192,000 | 105,041,000 | 101,605,000 |