Call reports 2007
FARMERS & MERCHANTS STATE BANK — 2007
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 130,868,000 | 132,817,000 | 134,293,000 | 135,968,000 |
| Total loans | 87,804,000 | 90,500,000 | 93,321,000 | 95,940,000 |
| Allowance for loan losses | 1,438,000 | 1,430,000 | 1,434,000 | 1,434,000 |
| Securities available for sale | 34,082,000 | 34,388,000 | 33,448,000 | 31,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,009,000 | 94,481,000 | 95,493,000 | 96,761,000 |
| Interest-bearing deposits | 84,202,000 | 82,298,000 | 83,896,000 | 83,917,000 |
| Noninterest-bearing deposits | 10,807,000 | 12,183,000 | 11,597,000 | 12,844,000 |
| Equity capital | 18,253,000 | 17,842,000 | 18,292,000 | 18,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,037,000 | 4,091,000 | 6,111,000 | 8,200,000 |
| Interest expense | 951,000 | 1,934,000 | 2,968,000 | 3,989,000 |
| Net interest income | 1,086,000 | 2,157,000 | 3,143,000 | 4,211,000 |
| Noninterest income | 148,000 | 340,000 | 522,000 | 729,000 |
| Noninterest expense | 766,000 | 1,507,000 | 2,248,000 | 2,969,000 |
| Provision for loan losses | 50,000 | 100,000 | 145,000 | 195,000 |
| Pretax income | 418,000 | 890,000 | 1,272,000 | 1,776,000 |
| Income tax | 117,000 | 253,000 | 351,000 | 466,000 |
| Net income | 301,000 | 637,000 | 921,000 | 1,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,353,000 | 18,064,000 | 18,299,000 | 18,087,000 |
| Total capital | 19,602,000 | 19,406,000 | 19,690,000 | 19,507,000 |
| Risk-weighted assets | 102,635,000 | 107,274,000 | 111,217,000 | 113,568,000 |