Call reports 2007
FARMERS & MERCHANTS BANK, THE — 2007
What FARMERS & MERCHANTS BANK, THE 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 | 149,276,000 | 150,127,000 | 153,990,000 | 150,814,000 |
| Total loans | 116,315,000 | 118,205,000 | 117,404,000 | 119,001,000 |
| Allowance for loan losses | 1,611,000 | 1,734,000 | 1,749,000 | 1,732,000 |
| Securities available for sale | 6,716,000 | 10,534,000 | 12,572,000 | 16,883,000 |
| Securities held to maturity | 10,553,000 | 7,556,000 | 6,059,000 | 4,363,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,427,000 | 120,546,000 | 125,183,000 | 123,114,000 |
| Interest-bearing deposits | 112,005,000 | 111,274,000 | 116,057,000 | 112,243,000 |
| Noninterest-bearing deposits | 9,422,000 | 9,272,000 | 9,126,000 | 10,870,000 |
| Equity capital | 14,874,000 | 15,298,000 | 15,427,000 | 15,248,000 |
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 | 2,739,000 | 5,594,000 | 8,433,000 | 11,329,000 |
| Interest expense | 1,341,000 | 2,676,000 | 4,059,000 | 5,454,000 |
| Net interest income | 1,398,000 | 2,918,000 | 4,374,000 | 5,875,000 |
| Noninterest income | 227,000 | 490,000 | 737,000 | 969,000 |
| Noninterest expense | 652,000 | 1,349,000 | 2,127,000 | 4,059,000 |
| Provision for loan losses | 23,000 | 283,000 | 369,000 | 640,000 |
| Pretax income | 950,000 | 1,776,000 | 2,615,000 | 2,145,000 |
| Income tax | 331,000 | 618,000 | 905,000 | 495,000 |
| Net income | 619,000 | 1,158,000 | 1,710,000 | 1,650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,903,000 | 15,443,000 | 15,400,000 | 15,140,000 |
| Total capital | 16,134,000 | 16,716,000 | 16,686,000 | 16,451,000 |
| Risk-weighted assets | 98,121,000 | 101,351,000 | 102,398,000 | 104,444,000 |