Call reports 2010
FARMERS AND MERCHANTS BANK, THE — 2010
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 74,904,000 | 74,771,000 | 77,895,000 | 76,219,000 |
| Total loans | 59,807,000 | 61,353,000 | 61,566,000 | 61,139,000 |
| Allowance for loan losses | 751,000 | 596,000 | 643,000 | 708,000 |
| Securities available for sale | 8,107,000 | 8,207,000 | 7,852,000 | 7,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,870,000 | 65,677,000 | 68,458,000 | 64,477,000 |
| Interest-bearing deposits | 55,073,000 | 54,589,000 | 57,537,000 | 53,695,000 |
| Noninterest-bearing deposits | 10,797,000 | 11,088,000 | 10,921,000 | 10,782,000 |
| Equity capital | 8,737,000 | 8,758,000 | 9,089,000 | 8,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,143,000 | 2,311,000 | 3,513,000 | 4,711,000 |
| Interest expense | 239,000 | 469,000 | 705,000 | 915,000 |
| Net interest income | 904,000 | 1,842,000 | 2,808,000 | 3,796,000 |
| Noninterest income | 50,000 | 106,000 | 162,000 | 190,000 |
| Noninterest expense | 612,000 | 1,205,000 | 1,796,000 | 2,414,000 |
| Provision for loan losses | 75,000 | 450,000 | 570,000 | 743,000 |
| Pretax income | 282,000 | 308,000 | 619,000 | 844,000 |
| Income tax | 75,000 | 64,000 | 151,000 | 210,000 |
| Net income | 207,000 | 244,000 | 468,000 | 634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,571,000 | 8,608,000 | 8,832,000 | 8,829,000 |
| Total capital | 9,250,000 | 9,204,000 | 9,475,000 | 9,491,000 |
| Risk-weighted assets | 54,302,000 | 52,284,000 | 52,863,000 | 52,884,000 |