Call reports 2003
FARMERS & MERCHANTS BANK OF COLBY — 2003
What FARMERS & MERCHANTS BANK OF COLBY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 69,027,000 | 71,676,000 | 72,038,000 | 73,610,000 |
| Total loans | 32,669,000 | 33,621,000 | 34,251,000 | 32,125,000 |
| Allowance for loan losses | 308,000 | 559,000 | 558,000 | 604,000 |
| Securities available for sale | 28,109,000 | 28,688,000 | 29,254,000 | 28,794,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,720,000 | 48,057,000 | 48,895,000 | 52,572,000 |
| Interest-bearing deposits | 42,490,000 | 42,685,000 | 43,535,000 | 42,726,000 |
| Noninterest-bearing deposits | 5,230,000 | 5,372,000 | 5,360,000 | 9,846,000 |
| Equity capital | 9,429,000 | 9,678,000 | 9,591,000 | 9,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 902,000 | 1,783,000 | 2,640,000 | 3,556,000 |
| Interest expense | 320,000 | 627,000 | 925,000 | 1,214,000 |
| Net interest income | 582,000 | 1,156,000 | 1,715,000 | 2,342,000 |
| Noninterest income | 115,000 | 231,000 | 366,000 | 461,000 |
| Noninterest expense | 481,000 | 909,000 | 1,361,000 | 1,945,000 |
| Provision for loan losses | 0 | 250,000 | 250,000 | 300,000 |
| Pretax income | 216,000 | 228,000 | 470,000 | 576,000 |
| Income tax | 51,000 | -49,000 | 75,000 | 4,000 |
| Net income | 165,000 | 277,000 | 395,000 | 572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,482,000 | 6,650,000 | 6,824,000 | 6,764,000 |
| Total capital | 6,488,000 | 7,124,000 | 7,307,000 | 7,217,000 |
| Risk-weighted assets | 37,986,000 | 37,816,000 | 38,543,000 | 36,852,000 |