Call reports 2010
FARMERS AND MERCHANTS BANK OF ASHLAND — 2010
What FARMERS AND MERCHANTS BANK OF ASHLAND reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 63,798,000 | 64,458,000 | 63,368,000 | 63,605,000 |
| Total loans | 45,774,000 | 44,909,000 | 46,587,000 | 47,159,000 |
| Allowance for loan losses | 597,000 | 610,000 | 624,000 | 640,000 |
| Securities available for sale | 6,132,000 | 8,737,000 | 8,908,000 | 8,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,386,000 | 47,250,000 | 46,443,000 | 47,527,000 |
| Interest-bearing deposits | 36,601,000 | 37,213,000 | 35,596,000 | 35,885,000 |
| Noninterest-bearing deposits | 9,785,000 | 10,037,000 | 10,847,000 | 11,642,000 |
| Equity capital | 6,544,000 | 6,687,000 | 6,721,000 | 6,827,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 762,000 | 1,523,000 | 2,305,000 | 3,095,000 |
| Interest expense | 163,000 | 311,000 | 454,000 | 587,000 |
| Net interest income | 599,000 | 1,212,000 | 1,851,000 | 2,508,000 |
| Noninterest income | 116,000 | 188,000 | 264,000 | 378,000 |
| Noninterest expense | 527,000 | 1,019,000 | 1,511,000 | 2,006,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 173,000 | 351,000 | 566,000 | 813,000 |
| Income tax | 59,000 | 102,000 | 174,000 | 263,000 |
| Net income | 114,000 | 249,000 | 392,000 | 550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,493,000 | 6,628,000 | 6,666,000 | 6,824,000 |
| Total capital | 7,054,000 | 7,182,000 | 7,244,000 | 7,416,000 |
| Risk-weighted assets | 44,880,000 | 44,296,000 | 46,204,000 | 47,340,000 |