Call reports 2004
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2004
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 22,651,000 | 23,181,000 | 23,979,000 | 25,219,000 |
| Total loans | 15,297,000 | 15,756,000 | 16,416,000 | 16,002,000 |
| Allowance for loan losses | 241,000 | 240,000 | 240,000 | 370,000 |
| Securities available for sale | 2,817,000 | 2,977,000 | 3,086,000 | 3,239,000 |
| Securities held to maturity | 357,000 | 356,000 | 355,000 | 147,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,700,000 | 20,280,000 | 20,957,000 | 22,664,000 |
| Interest-bearing deposits | 18,097,000 | 18,315,000 | 18,662,000 | 20,836,000 |
| Noninterest-bearing deposits | 1,603,000 | 1,964,000 | 2,295,000 | 1,828,000 |
| Equity capital | 2,522,000 | 2,515,000 | 2,609,000 | 2,440,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 300,000 | 603,000 | 915,000 | 1,184,000 |
| Interest expense | 103,000 | 207,000 | 312,000 | 423,000 |
| Net interest income | 197,000 | 396,000 | 603,000 | 761,000 |
| Noninterest income | 31,000 | 55,000 | 127,000 | 156,000 |
| Noninterest expense | 165,000 | 337,000 | 487,000 | 697,000 |
| Provision for loan losses | 0 | 0 | 0 | 210,000 |
| Pretax income | 63,000 | 114,000 | 243,000 | 10,000 |
| Income tax | 21,000 | 38,000 | 88,000 | 1,000 |
| Net income | 42,000 | 76,000 | 155,000 | 9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,473,000 | 2,506,000 | 2,586,000 | 2,432,000 |
| Total capital | 2,673,000 | 2,714,000 | 2,803,000 | 2,646,000 |
| Risk-weighted assets | 15,987,000 | 16,570,000 | 17,302,000 | 16,952,000 |