Call reports 2004
FARMERS AND MERCHANTS BANK — 2004
What FARMERS AND MERCHANTS BANK 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 | 108,887,000 | 106,800,000 | 108,964,000 | 106,688,000 |
| Total loans | 43,123,000 | 44,537,000 | 49,969,000 | 48,636,000 |
| Allowance for loan losses | 725,000 | 749,000 | 747,000 | 647,000 |
| Securities available for sale | 60,186,000 | 56,181,000 | 55,300,000 | 53,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,477,000 | 89,648,000 | 87,210,000 | 94,355,000 |
| Interest-bearing deposits | 76,275,000 | 76,443,000 | 75,765,000 | 81,356,000 |
| Noninterest-bearing deposits | 12,202,000 | 13,205,000 | 11,445,000 | 12,999,000 |
| Equity capital | 12,169,000 | 10,579,000 | 12,221,000 | 11,949,000 |
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 | 1,308,000 | 2,617,000 | 3,957,000 | 5,293,000 |
| Interest expense | 453,000 | 913,000 | 1,404,000 | 1,920,000 |
| Net interest income | 855,000 | 1,704,000 | 2,553,000 | 3,373,000 |
| Noninterest income | 106,000 | 223,000 | 357,000 | 458,000 |
| Noninterest expense | 542,000 | 1,133,000 | 1,711,000 | 2,302,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 439,000 | 886,000 | 1,299,000 | 1,617,000 |
| Income tax | 121,000 | 237,000 | 361,000 | 475,000 |
| Net income | 318,000 | 649,000 | 938,000 | 1,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,916,000 | 12,247,000 | 12,536,000 | 12,340,000 |
| Total capital | 12,615,000 | 12,962,000 | 13,225,000 | 12,987,000 |
| Risk-weighted assets | 55,912,000 | 57,159,000 | 55,054,000 | 59,148,000 |