Call reports 2008
FARMERS & MERCHANTS BANK, THE — 2008
What FARMERS & MERCHANTS BANK, THE 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 | 334,686,000 | 479,653,000 | 489,871,000 | 454,142,000 |
| Total loans | 201,353,000 | 295,699,000 | 308,362,000 | 278,439,000 |
| Allowance for loan losses | 4,233,000 | 5,543,000 | 5,461,000 | 5,896,000 |
| Securities available for sale | 85,077,000 | 123,933,000 | 121,189,000 | 121,571,000 |
| Securities held to maturity | 3,182,000 | 3,162,000 | 3,133,000 | 3,104,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,650,000 | 359,118,000 | 352,062,000 | 355,669,000 |
| Interest-bearing deposits | 245,707,000 | 330,061,000 | 323,909,000 | 331,483,000 |
| Noninterest-bearing deposits | 19,943,000 | 29,057,000 | 28,153,000 | 24,186,000 |
| Equity capital | 30,164,000 | 56,157,000 | 56,745,000 | 60,678,000 |
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 | 5,141,000 | 14,075,000 | 21,186,000 | 28,092,000 |
| Interest expense | 2,022,000 | 5,573,000 | 8,231,000 | 10,593,000 |
| Net interest income | 3,119,000 | 8,502,000 | 12,955,000 | 17,499,000 |
| Noninterest income | 574,000 | 1,448,000 | 2,058,000 | 3,025,000 |
| Noninterest expense | 2,021,000 | 5,429,000 | 8,441,000 | 11,558,000 |
| Provision for loan losses | 0 | 0 | 0 | 660,000 |
| Pretax income | 1,778,000 | 4,836,000 | 6,935,000 | 8,712,000 |
| Income tax | 490,000 | 1,230,000 | 1,971,000 | 2,429,000 |
| Net income | 1,288,000 | 3,606,000 | 4,964,000 | 6,283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,569,000 | 42,116,000 | 43,475,000 | 44,794,000 |
| Total capital | 29,331,000 | 46,189,000 | 47,548,000 | 48,611,000 |
| Risk-weighted assets | 220,980,000 | 325,818,000 | 338,853,000 | 304,916,000 |