Call reports 2003
FARMERS AND MERCHANTS BANK — 2003
What FARMERS AND MERCHANTS BANK 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 | 15,394,000 | 15,272,000 | 15,722,000 | 15,481,000 |
| Total loans | 10,762,000 | 10,415,000 | 10,230,000 | 10,332,000 |
| Allowance for loan losses | 166,000 | 165,000 | 156,000 | 141,000 |
| Securities available for sale | 2,713,000 | 2,773,000 | 2,858,000 | 3,749,000 |
| Securities held to maturity | 246,000 | 223,000 | 195,000 | 180,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,909,000 | 12,727,000 | 13,390,000 | 13,149,000 |
| Interest-bearing deposits | 11,803,000 | 11,825,000 | 12,332,000 | 11,980,000 |
| Noninterest-bearing deposits | 1,106,000 | 903,000 | 1,058,000 | 1,169,000 |
| Equity capital | 1,325,000 | 1,376,000 | 1,368,000 | 1,332,000 |
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 | 255,000 | 487,000 | 722,000 | 955,000 |
| Interest expense | 112,000 | 207,000 | 297,000 | 377,000 |
| Net interest income | 143,000 | 280,000 | 425,000 | 578,000 |
| Noninterest income | 24,000 | 66,000 | 95,000 | 119,000 |
| Noninterest expense | 132,000 | 264,000 | 410,000 | 581,000 |
| Provision for loan losses | 4,000 | 8,000 | 28,000 | 37,000 |
| Pretax income | 31,000 | 74,000 | 82,000 | 79,000 |
| Income tax | 2,000 | 2,000 | 3,000 | 3,000 |
| Net income | 29,000 | 72,000 | 79,000 | 76,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,298,000 | 1,341,000 | 1,347,000 | 1,320,000 |
| Total capital | 1,430,000 | 1,471,000 | 1,475,000 | 1,448,000 |
| Risk-weighted assets | 10,560,000 | 10,411,000 | 10,235,000 | 10,251,000 |