Call reports 2008
FARMERS & MERCHANTS BANK — 2008
What FARMERS & MERCHANTS 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 | 387,108,000 | 430,569,000 | 442,233,000 | 464,451,000 |
| Total loans | 333,343,000 | 373,691,000 | 380,235,000 | 402,268,000 |
| Allowance for loan losses | 1,510,000 | 1,686,000 | 1,799,000 | 2,168,000 |
| Securities available for sale | 19,842,000 | 19,381,000 | 20,166,000 | 18,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 301,050,000 | 299,506,000 | 323,728,000 | 342,600,000 |
| Interest-bearing deposits | 283,617,000 | 280,584,000 | 305,522,000 | 324,821,000 |
| Noninterest-bearing deposits | 17,433,000 | 18,922,000 | 18,206,000 | 17,779,000 |
| Equity capital | 32,150,000 | 33,975,000 | 35,883,000 | 35,702,000 |
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 | 5,907,000 | 11,920,000 | 18,387,000 | 25,043,000 |
| Interest expense | 2,604,000 | 5,039,000 | 7,640,000 | 10,378,000 |
| Net interest income | 3,303,000 | 6,881,000 | 10,747,000 | 14,665,000 |
| Noninterest income | 717,000 | 1,555,000 | 2,315,000 | 3,118,000 |
| Noninterest expense | 2,633,000 | 5,344,000 | 8,115,000 | 10,979,000 |
| Provision for loan losses | 90,000 | 265,000 | 385,000 | 815,000 |
| Pretax income | 1,297,000 | 2,827,000 | 4,562,000 | 5,989,000 |
| Income tax | 402,000 | 883,000 | 1,429,000 | 1,880,000 |
| Net income | 895,000 | 1,944,000 | 3,133,000 | 4,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,792,000 | 30,911,000 | 32,723,000 | 33,727,000 |
| Total capital | 30,302,000 | 32,597,000 | 34,522,000 | 35,895,000 |
| Risk-weighted assets | 284,968,000 | 315,455,000 | 335,770,000 | 356,375,000 |