Call reports 2007
FARMERS AND MERCHANTS BANK OF ASHLAND — 2007
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 61,416,000 | 58,669,000 | 59,168,000 | 61,161,000 |
| Total loans | 47,477,000 | 48,347,000 | 49,198,000 | 51,574,000 |
| Allowance for loan losses | 637,000 | 620,000 | 621,000 | 618,000 |
| Securities available for sale | 6,058,000 | 5,005,000 | 4,347,000 | 3,332,000 |
| Securities held to maturity | 1,060,000 | 940,000 | 940,000 | 780,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,434,000 | 46,582,000 | 46,375,000 | 44,238,000 |
| Interest-bearing deposits | 41,461,000 | 37,794,000 | 38,661,000 | 36,105,000 |
| Noninterest-bearing deposits | 7,973,000 | 8,789,000 | 7,714,000 | 8,133,000 |
| Equity capital | 6,185,000 | 6,321,000 | 6,400,000 | 6,537,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,011,000 | 2,018,000 | 3,018,000 | 4,038,000 |
| Interest expense | 388,000 | 764,000 | 1,131,000 | 1,487,000 |
| Net interest income | 623,000 | 1,254,000 | 1,887,000 | 2,551,000 |
| Noninterest income | 63,000 | 124,000 | 197,000 | 282,000 |
| Noninterest expense | 494,000 | 978,000 | 1,430,000 | 2,013,000 |
| Provision for loan losses | 15,000 | 0 | 0 | 0 |
| Pretax income | 177,000 | 400,000 | 654,000 | 820,000 |
| Income tax | 58,000 | 134,000 | 219,000 | 265,000 |
| Net income | 119,000 | 266,000 | 435,000 | 555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,192,000 | 6,338,000 | 6,402,000 | 6,522,000 |
| Total capital | 6,762,000 | 6,925,000 | 7,002,000 | 7,140,000 |
| Risk-weighted assets | 45,545,000 | 46,937,000 | 48,009,000 | 49,652,000 |