Call reports 2003
FARMERS & MERCHANTS UNION BANK — 2003
What FARMERS & MERCHANTS UNION BANK 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 | 128,272,000 | 133,561,000 | 134,709,000 | 139,565,000 |
| Total loans | 87,528,000 | 90,020,000 | 100,308,000 | 103,643,000 |
| Allowance for loan losses | 1,040,000 | 1,059,000 | 1,099,000 | 1,098,000 |
| Securities available for sale | 18,975,000 | 19,921,000 | 19,360,000 | 19,685,000 |
| Securities held to maturity | 924,000 | 798,000 | 796,000 | 760,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,681,000 | 118,481,000 | 119,301,000 | 124,573,000 |
| Interest-bearing deposits | 97,304,000 | 100,309,000 | 103,169,000 | 103,916,000 |
| Noninterest-bearing deposits | 16,377,000 | 18,172,000 | 16,132,000 | 20,657,000 |
| Equity capital | 13,792,000 | 14,241,000 | 14,343,000 | 14,611,000 |
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 | 1,762,000 | 3,531,000 | 5,257,000 | 7,030,000 |
| Interest expense | 535,000 | 1,056,000 | 1,570,000 | 2,080,000 |
| Net interest income | 1,227,000 | 2,475,000 | 3,687,000 | 4,950,000 |
| Noninterest income | 118,000 | 300,000 | 431,000 | 529,000 |
| Noninterest expense | 799,000 | 1,525,000 | 2,385,000 | 3,270,000 |
| Provision for loan losses | 0 | 20,000 | 60,000 | 160,000 |
| Pretax income | 546,000 | 1,230,000 | 1,673,000 | 2,049,000 |
| Income tax | 119,000 | 376,000 | 545,000 | 641,000 |
| Net income | 427,000 | 854,000 | 1,128,000 | 1,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,338,000 | 13,628,000 | 13,902,000 | 14,182,000 |
| Total capital | 14,378,000 | 14,687,000 | 15,001,000 | 15,280,000 |
| Risk-weighted assets | 84,763,000 | 88,718,000 | 96,051,000 | 98,515,000 |