Call reports 2007
FARMERS AND MERCHANTS BANK, THE — 2007
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 60,989,000 | 59,716,000 | 59,136,000 | 59,822,000 |
| Total loans | 39,898,000 | 40,255,000 | 39,789,000 | 42,317,000 |
| Allowance for loan losses | 500,000 | 484,000 | 415,000 | 441,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 13,336,000 | 13,489,000 | 13,832,000 | 12,360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,255,000 | 52,051,000 | 51,296,000 | 51,796,000 |
| Interest-bearing deposits | 43,592,000 | 42,269,000 | 42,322,000 | 42,690,000 |
| Noninterest-bearing deposits | 9,663,000 | 9,782,000 | 8,974,000 | 9,106,000 |
| Equity capital | 7,416,000 | 7,369,000 | 7,529,000 | 7,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 914,000 | 1,839,000 | 2,767,000 | 3,710,000 |
| Interest expense | 247,000 | 508,000 | 777,000 | 1,042,000 |
| Net interest income | 667,000 | 1,331,000 | 1,990,000 | 2,668,000 |
| Noninterest income | 51,000 | 106,000 | 146,000 | 193,000 |
| Noninterest expense | 491,000 | 978,000 | 1,462,000 | 1,941,000 |
| Provision for loan losses | 15,000 | 25,000 | 35,000 | 67,000 |
| Pretax income | 212,000 | 434,000 | 639,000 | 853,000 |
| Income tax | 53,000 | 108,000 | 152,000 | 206,000 |
| Net income | 159,000 | 326,000 | 487,000 | 647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,416,000 | 7,369,000 | 7,529,000 | 7,690,000 |
| Total capital | 7,866,000 | 7,821,000 | 7,943,000 | 8,131,000 |
| Risk-weighted assets | 35,967,000 | 36,140,000 | 35,817,000 | 37,151,000 |