Call reports 2002
FARMERS AND MERCHANTS BANK OF ASHLAND — 2002
What FARMERS AND MERCHANTS BANK OF ASHLAND 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 | 38,351,000 | 39,064,000 | 39,873,000 | 41,348,000 |
| Total loans | 26,735,000 | 27,253,000 | 28,344,000 | 29,573,000 |
| Allowance for loan losses | 228,000 | 231,000 | 233,000 | 225,000 |
| Securities available for sale | 5,206,000 | 6,082,000 | 5,669,000 | 5,251,000 |
| Securities held to maturity | 2,867,000 | 2,417,000 | 2,682,000 | 2,871,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,833,000 | 33,516,000 | 33,229,000 | 35,667,000 |
| Interest-bearing deposits | 27,277,000 | 27,557,000 | 27,335,000 | 29,985,000 |
| Noninterest-bearing deposits | 5,556,000 | 5,959,000 | 5,894,000 | 5,682,000 |
| Equity capital | 5,129,000 | 5,185,000 | 5,252,000 | 5,338,000 |
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 | 651,000 | 1,296,000 | 1,964,000 | 2,635,000 |
| Interest expense | 177,000 | 342,000 | 499,000 | 645,000 |
| Net interest income | 474,000 | 954,000 | 1,465,000 | 1,990,000 |
| Noninterest income | 81,000 | 163,000 | 244,000 | 328,000 |
| Noninterest expense | 364,000 | 853,000 | 1,267,000 | 1,761,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 188,000 | 258,000 | 433,000 | 545,000 |
| Income tax | 50,000 | 102,000 | 156,000 | 177,000 |
| Net income | 138,000 | 156,000 | 277,000 | 368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,091,000 | 5,108,000 | 5,124,000 | 5,215,000 |
| Total capital | 5,319,000 | 5,339,000 | 5,357,000 | 5,440,000 |
| Risk-weighted assets | 27,620,000 | 28,880,000 | 30,168,000 | 31,324,000 |