Call reports 2004
FARMERS AND MERCHANTS BANK, THE — 2004
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 62,445,000 | 62,705,000 | 63,260,000 | 61,774,000 |
| Total loans | 33,752,000 | 32,679,000 | 32,523,000 | 32,599,000 |
| Allowance for loan losses | 426,000 | 433,000 | 441,000 | 434,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,324,000 | 15,192,000 | 16,712,000 | 16,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,547,000 | 55,186,000 | 55,547,000 | 54,450,000 |
| Interest-bearing deposits | 46,173,000 | 46,538,000 | 46,815,000 | 44,414,000 |
| Noninterest-bearing deposits | 8,374,000 | 8,648,000 | 8,732,000 | 10,036,000 |
| Equity capital | 7,682,000 | 7,370,000 | 7,529,000 | 7,188,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 787,000 | 1,562,000 | 2,351,000 | 3,151,000 |
| Interest expense | 137,000 | 265,000 | 411,000 | 547,000 |
| Net interest income | 650,000 | 1,297,000 | 1,940,000 | 2,604,000 |
| Noninterest income | 38,000 | 79,000 | 122,000 | 168,000 |
| Noninterest expense | 487,000 | 952,000 | 1,411,000 | 1,860,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 186,000 | 394,000 | 606,000 | 852,000 |
| Income tax | 45,000 | 97,000 | 150,000 | 216,000 |
| Net income | 141,000 | 297,000 | 456,000 | 636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,682,000 | 7,370,000 | 7,529,000 | 7,188,000 |
| Total capital | 8,085,000 | 7,766,000 | 7,924,000 | 7,582,000 |
| Risk-weighted assets | 32,206,000 | 31,688,000 | 31,541,000 | 31,448,000 |