Call reports 2003
FARMERS & MERCHANTS BANK, THE — 2003
What FARMERS & MERCHANTS BANK, THE 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 | 229,476,000 | 237,133,000 | 238,738,000 | 275,281,000 |
| Total loans | 150,529,000 | 158,206,000 | 157,250,000 | 165,479,000 |
| Allowance for loan losses | 1,829,000 | 2,499,000 | 2,384,000 | 1,853,000 |
| Securities available for sale | 39,092,000 | 46,161,000 | 38,821,000 | 69,831,000 |
| Securities held to maturity | 8,702,000 | 7,884,000 | 6,919,000 | 5,817,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,696,000 | 177,003,000 | 179,564,000 | 210,197,000 |
| Interest-bearing deposits | 152,350,000 | 149,979,000 | 149,293,000 | 162,478,000 |
| Noninterest-bearing deposits | 27,346,000 | 27,024,000 | 30,271,000 | 47,719,000 |
| Equity capital | 32,310,000 | 32,478,000 | 33,925,000 | 35,050,000 |
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 | 3,119,000 | 6,312,000 | 9,563,000 | 13,033,000 |
| Interest expense | 914,000 | 1,826,000 | 2,714,000 | 3,618,000 |
| Net interest income | 2,205,000 | 4,486,000 | 6,849,000 | 9,415,000 |
| Noninterest income | 510,000 | 1,015,000 | 1,914,000 | 2,511,000 |
| Noninterest expense | 1,429,000 | 2,934,000 | 4,165,000 | 6,151,000 |
| Provision for loan losses | 60,000 | 781,000 | 724,000 | 240,000 |
| Pretax income | 1,436,000 | 2,004,000 | 4,103,000 | 5,586,000 |
| Income tax | 424,000 | 847,000 | 1,271,000 | 1,629,000 |
| Net income | 1,012,000 | 1,157,000 | 2,832,000 | 3,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,611,000 | 31,765,000 | 33,447,000 | 31,896,000 |
| Total capital | 33,440,000 | 33,875,000 | 35,586,000 | 33,749,000 |
| Risk-weighted assets | 162,692,000 | 168,427,000 | 171,150,000 | 178,742,000 |