Call reports 2005
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2005
What FARMERS AND MERCHANTS STATE BANK OF ALPHA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 24,413,000 | 22,758,000 | 24,977,000 | 28,076,000 |
| Total loans | 15,493,000 | 16,170,000 | 15,563,000 | 15,067,000 |
| Allowance for loan losses | 349,000 | 351,000 | 345,000 | 345,000 |
| Securities available for sale | 3,576,000 | 3,737,000 | 4,289,000 | 4,115,000 |
| Securities held to maturity | 146,000 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,857,000 | 20,176,000 | 22,342,000 | 25,448,000 |
| Interest-bearing deposits | 19,450,000 | 17,989,000 | 20,329,000 | 18,866,000 |
| Noninterest-bearing deposits | 2,408,000 | 2,186,000 | 2,013,000 | 6,582,000 |
| Equity capital | 2,437,000 | 2,491,000 | 2,528,000 | 2,528,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 301,000 | 615,000 | 957,000 | 1,289,000 |
| Interest expense | 112,000 | 228,000 | 358,000 | 484,000 |
| Net interest income | 189,000 | 387,000 | 599,000 | 805,000 |
| Noninterest income | 26,000 | 59,000 | 95,000 | 124,000 |
| Noninterest expense | 184,000 | 353,000 | 515,000 | 719,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 31,000 | 92,000 | 180,000 | 209,000 |
| Income tax | 8,000 | 30,000 | 61,000 | 74,000 |
| Net income | 23,000 | 62,000 | 119,000 | 135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,436,000 | 2,491,000 | 2,541,000 | 2,561,000 |
| Total capital | 2,643,000 | 2,696,000 | 2,753,000 | 2,777,000 |
| Risk-weighted assets | 16,409,000 | 16,703,000 | 16,790,000 | 17,152,000 |