Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 4,676,000 | 4,789,000 | 4,763,000 | 4,606,000 |
| Total loans | 1,924,000 | 1,923,000 | 2,042,000 | 1,758,000 |
| Allowance for loan losses | 38,000 | 38,000 | 38,000 | 38,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,215,000 | 1,215,000 | 1,215,000 | 1,411,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,059,000 | 4,183,000 | 4,144,000 | 4,018,000 |
| Interest-bearing deposits | 2,846,000 | 3,013,000 | 2,853,000 | 2,706,000 |
| Noninterest-bearing deposits | 1,213,000 | 1,170,000 | 1,291,000 | 1,312,000 |
| Equity capital | 593,000 | 591,000 | 599,000 | 573,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 59,000 | 114,000 | 169,000 | 229,000 |
| Interest expense | 18,000 | 35,000 | 52,000 | 65,000 |
| Net interest income | 41,000 | 79,000 | 117,000 | 164,000 |
| Noninterest income | 14,000 | 26,000 | 45,000 | 57,000 |
| Noninterest expense | 49,000 | 101,000 | 150,000 | 235,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 6,000 | 4,000 | 12,000 | -14,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,000 | 4,000 | 12,000 | -14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 593,000 | 591,000 | 599,000 | 573,000 |
| Total capital | 621,000 | 619,000 | 627,000 | 601,000 |
| Risk-weighted assets | 2,202,000 | 2,231,000 | 2,375,000 | 2,180,000 |