Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 99,166,000 | 104,318,000 | 103,368,000 | 102,638,000 |
| Total loans | 42,691,000 | 43,925,000 | 43,515,000 | 43,231,000 |
| Allowance for loan losses | 707,000 | 742,000 | 755,000 | 711,000 |
| Securities available for sale | 50,162,000 | 57,441,000 | 54,894,000 | 55,236,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,678,000 | 86,722,000 | 85,310,000 | 90,700,000 |
| Interest-bearing deposits | 70,151,000 | 74,666,000 | 73,921,000 | 78,329,000 |
| Noninterest-bearing deposits | 12,527,000 | 12,056,000 | 11,389,000 | 12,371,000 |
| Equity capital | 11,633,000 | 12,135,000 | 11,417,000 | 11,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,219,000 | 2,486,000 | 3,751,000 | 5,043,000 |
| Interest expense | 448,000 | 907,000 | 1,371,000 | 1,825,000 |
| Net interest income | 771,000 | 1,579,000 | 2,380,000 | 3,218,000 |
| Noninterest income | 92,000 | 209,000 | 334,000 | 459,000 |
| Noninterest expense | 529,000 | 1,103,000 | 1,644,000 | 2,288,000 |
| Provision for loan losses | 15,000 | 50,000 | 85,000 | 150,000 |
| Pretax income | 446,000 | 919,000 | 1,336,000 | 1,575,000 |
| Income tax | 125,000 | 296,000 | 438,000 | 474,000 |
| Net income | 321,000 | 623,000 | 898,000 | 1,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,218,000 | 11,519,000 | 11,794,000 | 11,598,000 |
| Total capital | 11,865,000 | 12,194,000 | 12,469,000 | 12,271,000 |
| Risk-weighted assets | 51,724,000 | 53,904,000 | 53,955,000 | 53,820,000 |