Call reports 2007
FARMERS AND MERCHANTS BANK — 2007
What FARMERS AND MERCHANTS BANK 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 | 124,240,000 | 121,222,000 | 122,822,000 | 124,221,000 |
| Total loans | 67,155,000 | 71,499,000 | 74,352,000 | 70,527,000 |
| Allowance for loan losses | 761,000 | 786,000 | 771,000 | 712,000 |
| Securities available for sale | 50,327,000 | 45,023,000 | 44,670,000 | 44,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,421,000 | 107,630,000 | 104,978,000 | 109,551,000 |
| Interest-bearing deposits | 95,446,000 | 93,799,000 | 92,100,000 | 95,865,000 |
| Noninterest-bearing deposits | 14,975,000 | 13,831,000 | 12,878,000 | 13,686,000 |
| Equity capital | 12,881,000 | 12,751,000 | 13,441,000 | 13,694,000 |
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 | 1,885,000 | 3,838,000 | 5,840,000 | 7,865,000 |
| Interest expense | 999,000 | 2,035,000 | 3,123,000 | 4,210,000 |
| Net interest income | 886,000 | 1,803,000 | 2,717,000 | 3,655,000 |
| Noninterest income | 146,000 | 303,000 | 491,000 | 658,000 |
| Noninterest expense | 649,000 | 1,346,000 | 2,073,000 | 2,773,000 |
| Provision for loan losses | 36,000 | 72,000 | 108,000 | 144,000 |
| Pretax income | 350,000 | 680,000 | 1,006,000 | 1,365,000 |
| Income tax | 84,000 | 177,000 | 279,000 | 344,000 |
| Net income | 266,000 | 503,000 | 727,000 | 1,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,700,000 | 13,937,000 | 14,161,000 | 14,075,000 |
| Total capital | 14,461,000 | 14,723,000 | 14,932,000 | 14,787,000 |
| Risk-weighted assets | 78,140,000 | 81,459,000 | 83,765,000 | 81,525,000 |