Call reports 2003
FARMERS & MERCHANTS BANK, THE — 2003
What FARMERS & MERCHANTS BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 85,479,000 | 87,010,000 | 90,781,000 | 89,677,000 |
| Total loans | 61,336,000 | 63,820,000 | 65,150,000 | 67,343,000 |
| Allowance for loan losses | 894,000 | 902,000 | 909,000 | 1,009,000 |
| Securities available for sale | 734,000 | 1,525,000 | 33,000 | 33,000 |
| Securities held to maturity | 20,396,000 | 17,672,000 | 20,150,000 | 20,102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,116,000 | 75,243,000 | 78,538,000 | 77,788,000 |
| Interest-bearing deposits | 68,550,000 | 69,334,000 | 71,856,000 | 71,067,000 |
| Noninterest-bearing deposits | 5,566,000 | 5,909,000 | 6,682,000 | 6,721,000 |
| Equity capital | 10,786,000 | 11,241,000 | 11,719,000 | 11,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,346,000 | 2,700,000 | 4,064,000 | 5,442,000 |
| Interest expense | 430,000 | 847,000 | 1,234,000 | 1,592,000 |
| Net interest income | 916,000 | 1,853,000 | 2,830,000 | 3,850,000 |
| Noninterest income | 127,000 | 253,000 | 383,000 | 530,000 |
| Noninterest expense | 281,000 | 566,000 | 881,000 | 2,292,000 |
| Provision for loan losses | 3,000 | 43,000 | 62,000 | 328,000 |
| Pretax income | 760,000 | 1,498,000 | 2,271,000 | 1,767,000 |
| Income tax | 290,000 | 573,000 | 868,000 | 663,000 |
| Net income | 470,000 | 925,000 | 1,403,000 | 1,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,786,000 | 11,241,000 | 11,719,000 | 11,268,000 |
| Total capital | 11,413,000 | 11,892,000 | 12,373,000 | 11,946,000 |
| Risk-weighted assets | 49,859,000 | 51,804,000 | 52,055,000 | 53,939,000 |