Call reports 2004
FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — 2004
What FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE 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 | 17,721,000 | 18,979,000 | 18,235,000 | 19,584,000 |
| Total loans | 11,411,000 | 11,021,000 | 11,700,000 | 13,866,000 |
| Allowance for loan losses | 83,000 | 86,000 | 77,000 | 90,000 |
| Securities available for sale | 3,603,000 | 4,781,000 | 4,556,000 | 3,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,977,000 | 17,238,000 | 16,108,000 | 16,680,000 |
| Interest-bearing deposits | 14,183,000 | 14,420,000 | 13,903,000 | 14,343,000 |
| Noninterest-bearing deposits | 1,794,000 | 2,818,000 | 2,205,000 | 2,337,000 |
| Equity capital | 1,660,000 | 1,647,000 | 1,798,000 | 1,706,000 |
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 | 265,000 | 515,000 | 774,000 | 1,060,000 |
| Interest expense | 53,000 | 104,000 | 155,000 | 209,000 |
| Net interest income | 212,000 | 411,000 | 619,000 | 851,000 |
| Noninterest income | 44,000 | 95,000 | 295,000 | 354,000 |
| Noninterest expense | 216,000 | 431,000 | 645,000 | 899,000 |
| Provision for loan losses | 5,000 | 10,000 | 15,000 | 52,000 |
| Pretax income | 37,000 | 67,000 | 256,000 | 256,000 |
| Income tax | 3,000 | 2,000 | 63,000 | 60,000 |
| Net income | 34,000 | 65,000 | 193,000 | 196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,623,000 | 1,654,000 | 1,783,000 | 1,706,000 |
| Total capital | 1,706,000 | 1,740,000 | 1,860,000 | 1,796,000 |
| Risk-weighted assets | 12,085,000 | 11,239,000 | 11,048,000 | 12,651,000 |