Call reports 2008
FARMERS AND MERCHANTS BANK — 2008
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 124,902,000 | 121,717,000 | 122,061,000 | 124,859,000 |
| Total loans | 77,116,000 | 83,881,000 | 84,250,000 | 82,740,000 |
| Allowance for loan losses | 754,000 | 787,000 | 831,000 | 1,060,000 |
| Securities available for sale | 35,710,000 | 32,354,000 | 32,226,000 | 33,618,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,544,000 | 104,788,000 | 104,420,000 | 109,958,000 |
| Interest-bearing deposits | 95,661,000 | 89,094,000 | 91,734,000 | 94,687,000 |
| Noninterest-bearing deposits | 13,883,000 | 15,693,000 | 12,685,000 | 15,271,000 |
| Equity capital | 14,265,000 | 13,971,000 | 14,643,000 | 14,232,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,993,000 | 3,918,000 | 5,819,000 | 7,633,000 |
| Interest expense | 1,015,000 | 1,907,000 | 2,770,000 | 3,636,000 |
| Net interest income | 978,000 | 2,011,000 | 3,049,000 | 3,997,000 |
| Noninterest income | 130,000 | 260,000 | 422,000 | 568,000 |
| Noninterest expense | 761,000 | 1,458,000 | 2,173,000 | 2,910,000 |
| Provision for loan losses | 36,000 | 82,000 | 162,000 | 500,000 |
| Pretax income | 515,000 | 954,000 | 1,351,000 | 1,422,000 |
| Income tax | 168,000 | 290,000 | 445,000 | 343,000 |
| Net income | 347,000 | 664,000 | 906,000 | 1,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,423,000 | 14,739,000 | 14,981,000 | 14,655,000 |
| Total capital | 15,177,000 | 15,526,000 | 15,812,000 | 15,715,000 |
| Risk-weighted assets | 88,066,000 | 93,422,000 | 91,840,000 | 90,431,000 |