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 | 16,676,000 | 16,550,000 | 16,500,000 | 16,145,000 |
| Total loans | 7,634,000 | 7,547,000 | 7,982,000 | 7,330,000 |
| Allowance for loan losses | 148,000 | 148,000 | 148,000 | 149,000 |
| Securities available for sale | 3,714,000 | 3,355,000 | 2,846,000 | 2,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,076,000 | 14,999,000 | 14,937,000 | 14,630,000 |
| Interest-bearing deposits | 12,456,000 | 12,001,000 | 12,046,000 | 11,497,000 |
| Noninterest-bearing deposits | 2,620,000 | 2,998,000 | 2,891,000 | 3,132,000 |
| Equity capital | 1,563,000 | 1,515,000 | 1,527,000 | 1,485,000 |
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 | 239,000 | 465,000 | 678,000 | 881,000 |
| Interest expense | 88,000 | 166,000 | 234,000 | 293,000 |
| Net interest income | 151,000 | 299,000 | 444,000 | 588,000 |
| Noninterest income | 34,000 | 68,000 | 100,000 | 365,000 |
| Noninterest expense | 103,000 | 214,000 | 321,000 | 444,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 82,000 | 153,000 | 223,000 | 511,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 82,000 | 153,000 | 223,000 | 511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,512,000 | 1,502,000 | 1,501,000 | 1,445,000 |
| Total capital | 1,630,000 | 1,619,000 | 1,621,000 | 1,557,000 |
| Risk-weighted assets | 9,381,000 | 9,327,000 | 9,594,000 | 8,938,000 |