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 | 30,221,000 | 29,385,000 | 29,132,000 | 29,090,000 |
| Total loans | 13,935,000 | 13,399,000 | 12,980,000 | 12,235,000 |
| Allowance for loan losses | 359,000 | 368,000 | 398,000 | 366,000 |
| Securities available for sale | 8,774,000 | 8,941,000 | 8,573,000 | 9,312,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,900,000 | 23,907,000 | 23,738,000 | 23,138,000 |
| Interest-bearing deposits | 21,767,000 | 20,867,000 | 20,665,000 | 20,431,000 |
| Noninterest-bearing deposits | 3,133,000 | 3,040,000 | 3,073,000 | 2,707,000 |
| Equity capital | 3,223,000 | 3,328,000 | 3,293,000 | 3,348,000 |
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 | 413,000 | 817,000 | 1,213,000 | 1,605,000 |
| Interest expense | 132,000 | 250,000 | 352,000 | 445,000 |
| Net interest income | 281,000 | 567,000 | 861,000 | 1,160,000 |
| Noninterest income | 41,000 | 85,000 | 125,000 | 166,000 |
| Noninterest expense | 275,000 | 550,000 | 769,000 | 995,000 |
| Provision for loan losses | 74,000 | 116,000 | 158,000 | 201,000 |
| Pretax income | -26,000 | -11,000 | 62,000 | 133,000 |
| Income tax | -10,000 | -15,000 | 4,000 | 19,000 |
| Net income | -16,000 | 4,000 | 58,000 | 114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,920,000 | 2,950,000 | 3,014,000 | 3,082,000 |
| Total capital | 3,126,000 | 3,150,000 | 3,207,000 | 3,268,000 |
| Risk-weighted assets | 16,248,000 | 15,676,000 | 15,225,000 | 14,682,000 |