Call reports 2002
FARMERS AND MERCHANTS BANK, THE — 2002
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 63,304,000 | 61,564,000 | 63,857,000 | 62,307,000 |
| Total loans | 36,933,000 | 37,094,000 | 36,318,000 | 35,265,000 |
| Allowance for loan losses | 521,000 | 536,000 | 524,000 | 473,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,226,000 | 10,255,000 | 10,662,000 | 10,703,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,121,000 | 53,514,000 | 55,544,000 | 54,423,000 |
| Interest-bearing deposits | 47,042,000 | 45,197,000 | 47,388,000 | 46,400,000 |
| Noninterest-bearing deposits | 8,079,000 | 8,317,000 | 8,156,000 | 8,023,000 |
| Equity capital | 7,858,000 | 7,822,000 | 8,039,000 | 7,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,002,000 | 1,974,000 | 2,948,000 | 3,895,000 |
| Interest expense | 303,000 | 590,000 | 842,000 | 1,074,000 |
| Net interest income | 699,000 | 1,384,000 | 2,106,000 | 2,821,000 |
| Noninterest income | 49,000 | 98,000 | 148,000 | 197,000 |
| Noninterest expense | 456,000 | 917,000 | 1,377,000 | 1,851,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 277,000 | 535,000 | 832,000 | 1,107,000 |
| Income tax | 79,000 | 158,000 | 238,000 | 318,000 |
| Net income | 198,000 | 377,000 | 594,000 | 789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,858,000 | 7,822,000 | 8,039,000 | 7,654,000 |
| Total capital | 8,279,000 | 8,241,000 | 8,460,000 | 8,062,000 |
| Risk-weighted assets | 33,536,000 | 33,444,000 | 33,603,000 | 32,571,000 |