Call reports 2008
FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE — 2008
What FARMERS AND MERCHANTS BANK OF CRAIG COUNTY, THE 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 | 51,731,000 | 52,553,000 | 51,193,000 | 49,578,000 |
| Total loans | 32,497,000 | 33,101,000 | 33,685,000 | 34,492,000 |
| Allowance for loan losses | 401,000 | 409,000 | 416,000 | 426,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,528,000 | 10,319,000 | 11,349,000 | 11,406,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,083,000 | 44,907,000 | 43,402,000 | 41,615,000 |
| Interest-bearing deposits | 38,098,000 | 38,529,000 | 36,817,000 | 36,068,000 |
| Noninterest-bearing deposits | 5,985,000 | 6,379,000 | 6,586,000 | 5,547,000 |
| Equity capital | 7,369,000 | 7,484,000 | 7,623,000 | 7,761,000 |
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 | 833,000 | 1,649,000 | 2,471,000 | 3,287,000 |
| Interest expense | 295,000 | 584,000 | 859,000 | 1,111,000 |
| Net interest income | 538,000 | 1,065,000 | 1,612,000 | 2,176,000 |
| Noninterest income | 15,000 | 27,000 | 41,000 | 57,000 |
| Noninterest expense | 343,000 | 690,000 | 1,035,000 | 1,406,000 |
| Provision for loan losses | -4,000 | 14,000 | 19,000 | 44,000 |
| Pretax income | 214,000 | 388,000 | 599,000 | 783,000 |
| Income tax | 73,000 | 132,000 | 204,000 | 250,000 |
| Net income | 141,000 | 256,000 | 395,000 | 533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,369,000 | 7,484,000 | 7,623,000 | 7,761,000 |
| Total capital | 7,699,000 | 7,824,000 | 7,962,000 | 8,099,000 |
| Risk-weighted assets | 26,340,000 | 27,160,000 | 27,042,000 | 26,987,000 |