Call reports 2005
FARMERS & MERCHANTS STATE BANK — 2005
What FARMERS & MERCHANTS STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 37,883,000 | 38,541,000 | 38,558,000 | 40,123,000 |
| Total loans | 31,237,000 | 31,754,000 | 31,579,000 | 33,224,000 |
| Allowance for loan losses | 385,000 | 357,000 | 377,000 | 386,000 |
| Securities available for sale | 4,749,000 | 4,505,000 | 4,078,000 | 3,580,000 |
| Securities held to maturity | 420,000 | 420,000 | 420,000 | 420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,204,000 | 34,363,000 | 33,601,000 | 34,414,000 |
| Interest-bearing deposits | 30,347,000 | 30,669,000 | 29,160,000 | 29,609,000 |
| Noninterest-bearing deposits | 3,857,000 | 3,694,000 | 4,441,000 | 4,805,000 |
| Equity capital | 3,283,000 | 3,372,000 | 3,475,000 | 3,607,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 530,000 | 1,087,000 | 1,685,000 | 2,314,000 |
| Interest expense | 179,000 | 372,000 | 581,000 | 819,000 |
| Net interest income | 351,000 | 715,000 | 1,104,000 | 1,495,000 |
| Noninterest income | 30,000 | 70,000 | 107,000 | 139,000 |
| Noninterest expense | 192,000 | 369,000 | 540,000 | 775,000 |
| Provision for loan losses | 17,000 | 30,000 | 48,000 | 57,000 |
| Pretax income | 172,000 | 386,000 | 623,000 | 802,000 |
| Income tax | 63,000 | 99,000 | 234,000 | 289,000 |
| Net income | 109,000 | 287,000 | 389,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,317,000 | 3,395,000 | 3,497,000 | 3,621,000 |
| Total capital | 3,702,000 | 3,752,000 | 3,874,000 | 4,007,000 |
| Risk-weighted assets | 32,448,000 | 33,039,000 | 33,851,000 | 35,385,000 |