Call reports 2007
FARMERS AND MERCHANTS BANK — 2007
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 29,783,000 | 29,474,000 | 29,888,000 | 30,298,000 |
| Total loans | 12,582,000 | 12,852,000 | 13,361,000 | 14,351,000 |
| Allowance for loan losses | 431,000 | 451,000 | 431,000 | 415,000 |
| Securities available for sale | 10,586,000 | 10,700,000 | 11,094,000 | 11,059,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,156,000 | 24,907,000 | 25,195,000 | 23,925,000 |
| Interest-bearing deposits | 21,040,000 | 21,402,000 | 21,340,000 | 20,287,000 |
| Noninterest-bearing deposits | 4,116,000 | 3,505,000 | 3,855,000 | 3,638,000 |
| Equity capital | 3,479,000 | 3,384,000 | 3,518,000 | 3,667,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 432,000 | 874,000 | 1,321,000 | 1,808,000 |
| Interest expense | 175,000 | 359,000 | 551,000 | 737,000 |
| Net interest income | 257,000 | 515,000 | 770,000 | 1,071,000 |
| Noninterest income | 38,000 | 69,000 | 112,000 | 119,000 |
| Noninterest expense | 243,000 | 493,000 | 727,000 | 942,000 |
| Provision for loan losses | 7,000 | 12,000 | 15,000 | 18,000 |
| Pretax income | 45,000 | 79,000 | 140,000 | 230,000 |
| Income tax | 9,000 | 17,000 | 27,000 | 39,000 |
| Net income | 36,000 | 62,000 | 113,000 | 191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,472,000 | 3,484,000 | 3,519,000 | 3,582,000 |
| Total capital | 3,660,000 | 3,668,000 | 3,709,000 | 3,780,000 |
| Risk-weighted assets | 14,772,000 | 14,622,000 | 15,000,000 | 15,666,000 |