Call reports 2002
FARMERS & MERCHANTS STATE BANK — 2002
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 34,414,000 | 34,116,000 | 35,709,000 | 35,988,000 |
| Total loans | 27,123,000 | 28,795,000 | 29,223,000 | 27,180,000 |
| Allowance for loan losses | 271,000 | 285,000 | 300,000 | 310,000 |
| Securities available for sale | 5,011,000 | 3,356,000 | 4,011,000 | 6,112,000 |
| Securities held to maturity | 162,000 | 45,000 | 45,000 | 45,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,192,000 | 29,405,000 | 31,647,000 | 32,029,000 |
| Interest-bearing deposits | 26,856,000 | 25,744,000 | 28,524,000 | 28,278,000 |
| Noninterest-bearing deposits | 3,336,000 | 3,661,000 | 3,123,000 | 3,751,000 |
| Equity capital | 2,699,000 | 2,808,000 | 2,888,000 | 2,937,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 560,000 | 1,116,000 | 1,689,000 | 2,254,000 |
| Interest expense | 232,000 | 450,000 | 679,000 | 901,000 |
| Net interest income | 328,000 | 666,000 | 1,010,000 | 1,353,000 |
| Noninterest income | 36,000 | 77,000 | 132,000 | 171,000 |
| Noninterest expense | 165,000 | 330,000 | 544,000 | 754,000 |
| Provision for loan losses | 21,000 | 35,000 | 50,000 | 60,000 |
| Pretax income | 196,000 | 396,000 | 566,000 | 728,000 |
| Income tax | 40,000 | 120,000 | 203,000 | 241,000 |
| Net income | 156,000 | 276,000 | 363,000 | 487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,672,000 | 2,792,000 | 2,879,000 | 2,928,000 |
| Total capital | 2,943,000 | 3,077,000 | 3,179,000 | 3,238,000 |
| Risk-weighted assets | 30,386,000 | 30,613,000 | 30,762,000 | 28,802,000 |