Call reports 2009
FARMERS AND MERCHANTS BANK OF ASHLAND — 2009
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 63,410,000 | 65,725,000 | 63,452,000 | 63,980,000 |
| Total loans | 49,574,000 | 48,883,000 | 47,696,000 | 47,259,000 |
| Allowance for loan losses | 596,000 | 628,000 | 590,000 | 565,000 |
| Securities available for sale | 2,220,000 | 4,478,000 | 5,289,000 | 5,928,000 |
| Securities held to maturity | 240,000 | 100,000 | 100,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,567,000 | 47,030,000 | 45,693,000 | 46,375,000 |
| Interest-bearing deposits | 35,683,000 | 38,019,000 | 36,302,000 | 35,894,000 |
| Noninterest-bearing deposits | 8,884,000 | 9,011,000 | 9,391,000 | 10,481,000 |
| Equity capital | 6,428,000 | 6,469,000 | 6,493,000 | 6,559,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 818,000 | 1,630,000 | 2,432,000 | 3,219,000 |
| Interest expense | 248,000 | 480,000 | 687,000 | 871,000 |
| Net interest income | 570,000 | 1,150,000 | 1,745,000 | 2,348,000 |
| Noninterest income | 111,000 | 182,000 | 267,000 | 332,000 |
| Noninterest expense | 511,000 | 1,055,000 | 1,559,000 | 2,144,000 |
| Provision for loan losses | 25,000 | 55,000 | 85,000 | 85,000 |
| Pretax income | 145,000 | 222,000 | 368,000 | 451,000 |
| Income tax | 45,000 | 72,000 | 117,000 | 145,000 |
| Net income | 100,000 | 150,000 | 251,000 | 306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,383,000 | 6,432,000 | 6,444,000 | 6,499,000 |
| Total capital | 6,968,000 | 7,002,000 | 7,013,000 | 7,064,000 |
| Risk-weighted assets | 46,775,000 | 45,565,000 | 45,461,000 | 46,008,000 |