Call reports 2008
FARMERS AND MERCHANTS BANK — 2008
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 5,198,000 | 5,843,000 | 5,766,000 | 5,062,000 |
| Total loans | 1,767,000 | 1,885,000 | 2,306,000 | 2,159,000 |
| Allowance for loan losses | 37,000 | 37,000 | 37,000 | 37,000 |
| Securities available for sale | 0 | 0 | 400,000 | 412,000 |
| Securities held to maturity | 1,500,000 | 1,700,000 | 1,700,000 | 1,700,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,563,000 | 5,216,000 | 5,115,000 | 4,269,000 |
| Interest-bearing deposits | 2,616,000 | 2,603,000 | 2,775,000 | 2,427,000 |
| Noninterest-bearing deposits | 1,947,000 | 2,613,000 | 2,340,000 | 1,842,000 |
| Equity capital | 613,000 | 608,000 | 626,000 | 620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 59,000 | 122,000 | 203,000 | 272,000 |
| Interest expense | 20,000 | 41,000 | 61,000 | 80,000 |
| Net interest income | 39,000 | 81,000 | 142,000 | 192,000 |
| Noninterest income | 11,000 | 19,000 | 27,000 | 38,000 |
| Noninterest expense | 49,000 | 104,000 | 155,000 | 229,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,000 | -4,000 | 14,000 | 0 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,000 | -4,000 | 14,000 | 0 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 613,000 | 608,000 | 626,000 | 620,000 |
| Total capital | 613,000 | 608,000 | 626,000 | 620,000 |
| Risk-weighted assets | 2,515,000 | 2,699,000 | 3,040,000 | 2,806,000 |