Call reports 2004
FARMERS-MERCHANTS BANK & TRUST COMPANY — 2004
What FARMERS-MERCHANTS BANK & TRUST COMPANY 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 | 206,528,000 | 203,619,000 | 200,490,000 | 183,218,000 |
| Total loans | 84,954,000 | 95,938,000 | 97,409,000 | 96,421,000 |
| Allowance for loan losses | 1,604,000 | 1,601,000 | 1,666,000 | 1,759,000 |
| Securities available for sale | 103,316,000 | 94,578,000 | 65,890,000 | 75,355,000 |
| Securities held to maturity | 3,680,000 | 2,665,000 | 2,525,000 | 1,740,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 185,174,000 | 185,809,000 | 179,778,000 | 163,892,000 |
| Interest-bearing deposits | 159,824,000 | 158,424,000 | 152,522,000 | 134,942,000 |
| Noninterest-bearing deposits | 25,350,000 | 27,385,000 | 27,256,000 | 28,950,000 |
| Equity capital | 20,550,000 | 16,753,000 | 19,424,000 | 18,556,000 |
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 | 3,054,000 | 6,154,000 | 9,211,000 | 11,957,000 |
| Interest expense | 675,000 | 1,359,000 | 2,054,000 | 2,693,000 |
| Net interest income | 2,379,000 | 4,795,000 | 7,157,000 | 9,264,000 |
| Noninterest income | 363,000 | 761,000 | 1,177,000 | 1,643,000 |
| Noninterest expense | 1,136,000 | 2,318,000 | 3,487,000 | 4,657,000 |
| Provision for loan losses | 30,000 | 105,000 | 210,000 | 300,000 |
| Pretax income | 1,717,000 | 3,248,000 | 3,676,000 | 4,989,000 |
| Income tax | 20,000 | 35,000 | 35,000 | 35,000 |
| Net income | 1,697,000 | 3,213,000 | 3,641,000 | 4,954,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,353,000 | 19,281,000 | 19,384,000 | 18,750,000 |
| Total capital | 20,579,000 | 20,611,000 | 20,781,000 | 20,070,000 |
| Risk-weighted assets | 97,663,000 | 106,116,000 | 111,455,000 | 105,182,000 |