Call reports 2007
FARMERS & MERCHANTS UNION BANK — 2007
What FARMERS & MERCHANTS UNION 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 | 219,758,000 | 225,459,000 | 229,945,000 | 235,045,000 |
| Total loans | 188,132,000 | 195,966,000 | 199,387,000 | 201,205,000 |
| Allowance for loan losses | 1,811,000 | 1,887,000 | 1,931,000 | 2,002,000 |
| Securities available for sale | 15,438,000 | 15,344,000 | 15,682,000 | 15,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,731,000 | 178,806,000 | 179,133,000 | 192,064,000 |
| Interest-bearing deposits | 159,856,000 | 155,498,000 | 159,550,000 | 166,842,000 |
| Noninterest-bearing deposits | 20,875,000 | 23,308,000 | 19,583,000 | 25,222,000 |
| Equity capital | 19,256,000 | 19,350,000 | 20,036,000 | 20,210,000 |
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 | 3,682,000 | 7,440,000 | 11,288,000 | 15,144,000 |
| Interest expense | 1,856,000 | 3,730,000 | 5,747,000 | 7,769,000 |
| Net interest income | 1,826,000 | 3,710,000 | 5,541,000 | 7,375,000 |
| Noninterest income | 120,000 | 257,000 | 413,000 | 417,000 |
| Noninterest expense | 1,044,000 | 2,347,000 | 3,479,000 | 4,703,000 |
| Provision for loan losses | 100,000 | 175,000 | 250,000 | 450,000 |
| Pretax income | 802,000 | 1,445,000 | 2,225,000 | 2,639,000 |
| Income tax | 236,000 | 482,000 | 728,000 | 884,000 |
| Net income | 566,000 | 963,000 | 1,497,000 | 1,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,193,000 | 19,452,000 | 19,986,000 | 20,095,000 |
| Total capital | 21,004,000 | 21,339,000 | 21,917,000 | 22,097,000 |
| Risk-weighted assets | 187,157,000 | 194,264,000 | 197,567,000 | 198,629,000 |