Call reports 2008
FARMERS & MERCHANTS BANK OF COLBY — 2008
What FARMERS & MERCHANTS BANK OF COLBY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 98,072,000 | 99,557,000 | 99,441,000 | 96,962,000 |
| Total loans | 53,501,000 | 61,242,000 | 62,346,000 | 57,965,000 |
| Allowance for loan losses | 608,000 | 610,000 | 737,000 | 738,000 |
| Securities available for sale | 32,428,000 | 32,139,000 | 31,597,000 | 31,239,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,910,000 | 69,449,000 | 65,622,000 | 67,817,000 |
| Interest-bearing deposits | 65,808,000 | 63,147,000 | 59,957,000 | 58,944,000 |
| Noninterest-bearing deposits | 6,102,000 | 6,302,000 | 5,665,000 | 8,873,000 |
| Equity capital | 10,301,000 | 10,037,000 | 9,840,000 | 9,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,400,000 | 2,871,000 | 4,337,000 | 5,750,000 |
| Interest expense | 629,000 | 1,191,000 | 1,725,000 | 2,188,000 |
| Net interest income | 771,000 | 1,680,000 | 2,612,000 | 3,562,000 |
| Noninterest income | 42,000 | 110,000 | 164,000 | 218,000 |
| Noninterest expense | 461,000 | 890,000 | 1,644,000 | 2,010,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 250,000 |
| Pretax income | 352,000 | 900,000 | 884,000 | 1,522,000 |
| Income tax | 82,000 | 202,000 | 0 | 371,000 |
| Net income | 270,000 | 698,000 | 884,000 | 1,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,711,000 | 8,875,000 | 9,117,000 | 9,089,000 |
| Total capital | 9,319,000 | 9,485,000 | 9,854,000 | 9,827,000 |
| Risk-weighted assets | 60,938,000 | 67,937,000 | 69,587,000 | 65,144,000 |