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 | 31,123,000 | 29,862,000 | 29,283,000 | 29,725,000 |
| Total loans | 14,403,000 | 14,194,000 | 15,043,000 | 15,376,000 |
| Allowance for loan losses | 408,000 | 407,000 | 406,000 | 408,000 |
| Securities available for sale | 10,922,000 | 10,760,000 | 10,291,000 | 9,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,193,000 | 24,586,000 | 23,971,000 | 24,302,000 |
| Interest-bearing deposits | 21,040,000 | 20,696,000 | 19,791,000 | 20,389,000 |
| Noninterest-bearing deposits | 4,153,000 | 3,890,000 | 4,180,000 | 3,913,000 |
| Equity capital | 3,790,000 | 3,595,000 | 3,616,000 | 3,742,000 |
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 | 465,000 | 919,000 | 1,382,000 | 1,842,000 |
| Interest expense | 180,000 | 334,000 | 471,000 | 595,000 |
| Net interest income | 285,000 | 585,000 | 911,000 | 1,247,000 |
| Noninterest income | 35,000 | 71,000 | 113,000 | 155,000 |
| Noninterest expense | 237,000 | 497,000 | 733,000 | 1,017,000 |
| Provision for loan losses | 3,000 | 6,000 | 10,000 | 13,000 |
| Pretax income | 92,000 | 167,000 | 295,000 | 295,000 |
| Income tax | 28,000 | 50,000 | 82,000 | 94,000 |
| Net income | 64,000 | 117,000 | 213,000 | 201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,635,000 | 3,651,000 | 3,645,000 | 3,722,000 |
| Total capital | 3,835,000 | 3,848,000 | 3,848,000 | 3,928,000 |
| Risk-weighted assets | 15,757,000 | 15,495,000 | 16,006,000 | 16,236,000 |