Call reports 2008
FARMERS & MERCHANTS BANK, THE — 2008
What FARMERS & MERCHANTS BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 155,458,000 | 152,967,000 | 154,026,000 | 153,696,000 |
| Total loans | 116,435,000 | 116,016,000 | 119,857,000 | 121,385,000 |
| Allowance for loan losses | 1,760,000 | 1,688,000 | 1,712,000 | 1,735,000 |
| Securities available for sale | 17,196,000 | 19,549,000 | 19,508,000 | 17,607,000 |
| Securities held to maturity | 2,000,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,632,000 | 124,002,000 | 123,664,000 | 122,053,000 |
| Interest-bearing deposits | 115,968,000 | 114,200,000 | 113,168,000 | 109,732,000 |
| Noninterest-bearing deposits | 10,664,000 | 9,803,000 | 10,496,000 | 12,321,000 |
| Equity capital | 15,633,000 | 15,658,000 | 16,067,000 | 16,158,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,880,000 | 5,671,000 | 8,454,000 | 11,107,000 |
| Interest expense | 1,251,000 | 2,574,000 | 3,738,000 | 4,791,000 |
| Net interest income | 1,629,000 | 3,097,000 | 4,716,000 | 6,316,000 |
| Noninterest income | 212,000 | 449,000 | 722,000 | 967,000 |
| Noninterest expense | 967,000 | 1,809,000 | 2,659,000 | 4,565,000 |
| Provision for loan losses | 56,000 | 147,000 | 355,000 | 632,000 |
| Pretax income | 818,000 | 1,590,000 | 2,424,000 | 2,086,000 |
| Income tax | 341,000 | 530,000 | 812,000 | 635,000 |
| Net income | 477,000 | 1,060,000 | 1,612,000 | 1,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,361,000 | 15,710,000 | 16,142,000 | 15,981,000 |
| Total capital | 16,707,000 | 16,998,000 | 17,528,000 | 17,396,000 |
| Risk-weighted assets | 107,264,000 | 102,671,000 | 110,556,000 | 112,905,000 |