Call reports 2003
FARMERS-MERCHANTS BANK & TRUST COMPANY — 2003
What FARMERS-MERCHANTS BANK & TRUST COMPANY 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 | 173,740,000 | 193,863,000 | 194,317,000 | 198,098,000 |
| Total loans | 69,134,000 | 73,023,000 | 77,863,000 | 80,518,000 |
| Allowance for loan losses | 1,499,000 | 1,415,000 | 1,454,000 | 1,618,000 |
| Securities available for sale | 77,874,000 | 101,233,000 | 96,848,000 | 99,941,000 |
| Securities held to maturity | 7,948,000 | 6,812,000 | 6,497,000 | 5,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,519,000 | 171,851,000 | 173,219,000 | 178,020,000 |
| Interest-bearing deposits | 128,938,000 | 146,622,000 | 149,334,000 | 151,189,000 |
| Noninterest-bearing deposits | 24,581,000 | 25,229,000 | 23,885,000 | 26,831,000 |
| Equity capital | 19,448,000 | 20,576,000 | 19,471,000 | 18,088,000 |
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 | 2,652,000 | 5,538,000 | 8,574,000 | 11,418,000 |
| Interest expense | 749,000 | 1,650,000 | 2,397,000 | 3,070,000 |
| Net interest income | 1,903,000 | 3,888,000 | 6,177,000 | 8,348,000 |
| Noninterest income | 288,000 | 604,000 | 1,021,000 | 1,472,000 |
| Noninterest expense | 1,143,000 | 2,230,000 | 3,268,000 | 4,685,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 330,000 |
| Pretax income | 1,077,000 | 2,301,000 | 4,050,000 | 5,033,000 |
| Income tax | 0 | 32,000 | 48,000 | 69,000 |
| Net income | 1,077,000 | 2,269,000 | 4,002,000 | 4,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,592,000 | 17,988,000 | 18,639,000 | 17,656,000 |
| Total capital | 18,667,000 | 19,089,000 | 19,793,000 | 18,831,000 |
| Risk-weighted assets | 85,610,000 | 87,737,000 | 92,002,000 | 93,532,000 |