Call reports 2007
FARMERS AND MERCHANTS STATE BANK OF ALPHA — 2007
What FARMERS AND MERCHANTS STATE BANK OF ALPHA 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 | 24,770,000 | 25,190,000 | 25,339,000 | 25,719,000 |
| Total loans | 18,041,000 | 18,838,000 | 18,777,000 | 18,020,000 |
| Allowance for loan losses | 312,000 | 305,000 | 335,000 | 338,000 |
| Securities available for sale | 3,576,000 | 3,623,000 | 3,573,000 | 3,546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,918,000 | 22,309,000 | 22,392,000 | 22,756,000 |
| Interest-bearing deposits | 19,998,000 | 19,859,000 | 19,966,000 | 20,019,000 |
| Noninterest-bearing deposits | 1,919,000 | 2,450,000 | 2,426,000 | 2,737,000 |
| Equity capital | 2,704,000 | 2,742,000 | 2,796,000 | 2,828,000 |
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 | 382,000 | 797,000 | 1,222,000 | 1,639,000 |
| Interest expense | 188,000 | 391,000 | 602,000 | 817,000 |
| Net interest income | 194,000 | 406,000 | 620,000 | 822,000 |
| Noninterest income | 36,000 | 76,000 | 111,000 | 155,000 |
| Noninterest expense | 189,000 | 373,000 | 542,000 | 756,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 30,000 |
| Pretax income | 41,000 | 109,000 | 159,000 | 191,000 |
| Income tax | 14,000 | 39,000 | 57,000 | 66,000 |
| Net income | 27,000 | 70,000 | 102,000 | 125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,720,000 | 2,763,000 | 2,796,000 | 2,812,000 |
| Total capital | 2,950,000 | 3,002,000 | 3,036,000 | 3,045,000 |
| Risk-weighted assets | 18,312,000 | 19,041,000 | 19,132,000 | 18,517,000 |