Call reports 2002
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2002
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 21,531,000 | 21,063,000 | 22,575,000 | 21,959,000 |
| Total loans | 14,851,000 | 15,573,000 | 15,674,000 | 15,007,000 |
| Allowance for loan losses | 204,000 | 203,000 | 201,000 | 195,000 |
| Securities available for sale | 2,912,000 | 3,043,000 | 3,123,000 | 3,188,000 |
| Securities held to maturity | 633,000 | 628,000 | 626,000 | 622,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,914,000 | 18,332,000 | 19,749,000 | 19,111,000 |
| Interest-bearing deposits | 16,520,000 | 17,112,000 | 17,906,000 | 17,550,000 |
| Noninterest-bearing deposits | 2,394,000 | 1,219,000 | 1,842,000 | 1,561,000 |
| Equity capital | 2,201,000 | 2,294,000 | 2,385,000 | 2,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 720,000 | 1,077,000 | 1,432,000 |
| Interest expense | 173,000 | 331,000 | 484,000 | 627,000 |
| Net interest income | 184,000 | 389,000 | 593,000 | 805,000 |
| Noninterest income | 21,000 | 52,000 | 79,000 | 112,000 |
| Noninterest expense | 153,000 | 313,000 | 460,000 | 705,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 75,000 |
| Pretax income | -23,000 | 53,000 | 137,000 | 137,000 |
| Income tax | 0 | 8,000 | 24,000 | 0 |
| Net income | -23,000 | 45,000 | 113,000 | 137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,167,000 | 2,234,000 | 2,302,000 | 2,318,000 |
| Total capital | 2,360,000 | 2,433,000 | 2,503,000 | 2,513,000 |
| Risk-weighted assets | 15,442,000 | 15,917,000 | 16,569,000 | 16,016,000 |