Call reports 2004
FARMERS & MERCHANTS BANK, THE — 2004
What FARMERS & MERCHANTS BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 92,941,000 | 97,199,000 | 101,328,000 | 104,932,000 |
| Total loans | 69,933,000 | 74,059,000 | 76,981,000 | 79,512,000 |
| Allowance for loan losses | 1,016,000 | 1,075,000 | 1,089,000 | 1,193,000 |
| Securities available for sale | 33,000 | 33,000 | 33,000 | 33,000 |
| Securities held to maturity | 20,589,000 | 20,583,000 | 20,766,000 | 20,762,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,696,000 | 81,669,000 | 84,291,000 | 87,584,000 |
| Interest-bearing deposits | 74,605,000 | 75,376,000 | 78,053,000 | 79,956,000 |
| Noninterest-bearing deposits | 6,091,000 | 6,293,000 | 6,238,000 | 7,628,000 |
| Equity capital | 11,762,000 | 12,250,000 | 12,772,000 | 12,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,383,000 | 2,847,000 | 4,354,000 | 5,922,000 |
| Interest expense | 337,000 | 681,000 | 1,058,000 | 1,477,000 |
| Net interest income | 1,046,000 | 2,166,000 | 3,296,000 | 4,445,000 |
| Noninterest income | 158,000 | 286,000 | 435,000 | 587,000 |
| Noninterest expense | 368,000 | 744,000 | 1,165,000 | 2,941,000 |
| Provision for loan losses | 33,000 | 111,000 | 122,000 | 306,000 |
| Pretax income | 803,000 | 1,597,000 | 2,444,000 | 1,785,000 |
| Income tax | 309,000 | 615,000 | 940,000 | 675,000 |
| Net income | 494,000 | 982,000 | 1,504,000 | 1,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,762,000 | 12,250,000 | 12,772,000 | 12,211,000 |
| Total capital | 12,463,000 | 12,991,000 | 13,549,000 | 13,011,000 |
| Risk-weighted assets | 55,733,000 | 58,964,000 | 61,861,000 | 63,577,000 |