Call reports 2002
FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — 2002
What FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 15,913,000 | 16,374,000 | 16,111,000 | 17,141,000 |
| Total loans | 8,813,000 | 8,497,000 | 7,230,000 | 9,025,000 |
| Allowance for loan losses | 159,000 | 80,000 | 85,000 | 85,000 |
| Securities available for sale | 3,783,000 | 3,483,000 | 2,106,000 | 6,756,000 |
| Securities held to maturity | 1,884,000 | 1,881,000 | 2,249,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,220,000 | 14,671,000 | 14,421,000 | 15,377,000 |
| Interest-bearing deposits | 11,163,000 | 12,630,000 | 12,681,000 | 13,597,000 |
| Noninterest-bearing deposits | 3,057,000 | 2,041,000 | 1,740,000 | 1,780,000 |
| Equity capital | 1,585,000 | 1,550,000 | 1,559,000 | 1,645,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 260,000 | 504,000 | 727,000 | 966,000 |
| Interest expense | 102,000 | 195,000 | 280,000 | 357,000 |
| Net interest income | 158,000 | 309,000 | 447,000 | 609,000 |
| Noninterest income | 29,000 | 56,000 | 90,000 | 127,000 |
| Noninterest expense | 173,000 | 343,000 | 512,000 | 671,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 74,000 |
| Pretax income | 14,000 | -53,000 | -30,000 | 11,000 |
| Income tax | 0 | 0 | 0 | -4,000 |
| Net income | 14,000 | -53,000 | -30,000 | 15,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,580,000 | 1,513,000 | 1,536,000 | 1,581,000 |
| Total capital | 1,724,000 | 1,593,000 | 1,621,000 | 1,666,000 |
| Risk-weighted assets | 11,491,000 | 11,579,000 | 10,408,000 | 12,160,000 |