Call reports 2008
FARMERS & MERCHANTS UNION BANK — 2008
What FARMERS & MERCHANTS UNION BANK 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 | 238,233,000 | 230,887,000 | 254,055,000 | 262,793,000 |
| Total loans | 202,012,000 | 198,137,000 | 224,914,000 | 222,275,000 |
| Allowance for loan losses | 1,828,000 | 1,780,000 | 2,033,000 | 2,056,000 |
| Securities available for sale | 16,278,000 | 16,129,000 | 16,291,000 | 15,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,934,000 | 183,029,000 | 182,049,000 | 214,710,000 |
| Interest-bearing deposits | 168,965,000 | 160,895,000 | 161,953,000 | 187,741,000 |
| Noninterest-bearing deposits | 20,969,000 | 22,134,000 | 20,096,000 | 26,969,000 |
| Equity capital | 20,892,000 | 20,773,000 | 21,235,000 | 21,440,000 |
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 | 3,723,000 | 7,177,000 | 10,808,000 | 14,361,000 |
| Interest expense | 1,982,000 | 3,702,000 | 5,407,000 | 7,028,000 |
| Net interest income | 1,741,000 | 3,475,000 | 5,401,000 | 7,333,000 |
| Noninterest income | 184,000 | 353,000 | 536,000 | 489,000 |
| Noninterest expense | 1,197,000 | 2,453,000 | 3,646,000 | 4,963,000 |
| Provision for loan losses | 75,000 | 500,000 | 750,000 | 975,000 |
| Pretax income | 653,000 | 875,000 | 1,541,000 | 1,884,000 |
| Income tax | 126,000 | 89,000 | 335,000 | 438,000 |
| Net income | 527,000 | 786,000 | 1,206,000 | 1,446,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,622,000 | 20,744,000 | 21,163,000 | 21,253,000 |
| Total capital | 22,450,000 | 22,524,000 | 23,196,000 | 23,309,000 |
| Risk-weighted assets | 198,821,000 | 194,675,000 | 213,724,000 | 213,363,000 |