Call reports 2003
FARMERS & MERCHANTS BANK — 2003
What FARMERS & MERCHANTS 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 | 293,886,000 | 294,407,000 | 294,420,000 | 294,246,000 |
| Total loans | 197,456,000 | 199,309,000 | 205,398,000 | 209,769,000 |
| Allowance for loan losses | 1,529,000 | 1,548,000 | 1,508,000 | 1,463,000 |
| Securities available for sale | 49,789,000 | 49,640,000 | 41,108,000 | 45,137,000 |
| Securities held to maturity | 766,000 | 765,000 | 764,000 | 763,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,603,000 | 237,765,000 | 239,489,000 | 241,732,000 |
| Interest-bearing deposits | 204,810,000 | 205,026,000 | 206,952,000 | 207,967,000 |
| Noninterest-bearing deposits | 29,793,000 | 32,739,000 | 32,537,000 | 33,765,000 |
| Equity capital | 23,618,000 | 23,704,000 | 23,982,000 | 23,869,000 |
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 | 4,160,000 | 8,253,000 | 12,222,000 | 16,154,000 |
| Interest expense | 1,592,000 | 3,125,000 | 4,553,000 | 5,890,000 |
| Net interest income | 2,568,000 | 5,128,000 | 7,669,000 | 10,264,000 |
| Noninterest income | 450,000 | 1,013,000 | 1,558,000 | 2,133,000 |
| Noninterest expense | 1,727,000 | 3,527,000 | 5,182,000 | 7,077,000 |
| Provision for loan losses | 70,000 | 130,000 | 160,000 | 220,000 |
| Pretax income | 1,224,000 | 2,487,000 | 3,888,000 | 5,003,000 |
| Income tax | 392,000 | 784,000 | 1,167,000 | 1,525,000 |
| Net income | 832,000 | 1,703,000 | 2,721,000 | 3,478,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,402,000 | 18,550,000 | 19,078,000 | 19,114,000 |
| Total capital | 19,931,000 | 20,098,000 | 20,586,000 | 20,577,000 |
| Risk-weighted assets | 171,278,000 | 175,071,000 | 179,384,000 | 182,756,000 |