Call reports 2005
FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — 2005
What FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 18,632,000 | 20,400,000 | 20,979,000 | 25,033,000 |
| Total loans | 11,976,000 | 12,772,000 | 13,574,000 | 17,665,000 |
| Allowance for loan losses | 95,000 | 95,000 | 113,000 | 121,000 |
| Securities available for sale | 4,386,000 | 4,969,000 | 5,602,000 | 5,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,846,000 | 18,525,000 | 18,797,000 | 19,549,000 |
| Interest-bearing deposits | 14,424,000 | 16,183,000 | 16,578,000 | 17,402,000 |
| Noninterest-bearing deposits | 2,422,000 | 2,342,000 | 2,219,000 | 2,147,000 |
| Equity capital | 1,691,000 | 1,731,000 | 1,721,000 | 1,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 276,000 | 577,000 | 912,000 | 1,288,000 |
| Interest expense | 61,000 | 139,000 | 244,000 | 369,000 |
| Net interest income | 215,000 | 438,000 | 668,000 | 919,000 |
| Noninterest income | 46,000 | 93,000 | 166,000 | 226,000 |
| Noninterest expense | 241,000 | 495,000 | 755,000 | 1,005,000 |
| Provision for loan losses | 5,000 | 10,000 | 30,000 | 50,000 |
| Pretax income | 15,000 | 26,000 | 49,000 | 90,000 |
| Income tax | 0 | 4,000 | 8,000 | 9,000 |
| Net income | 15,000 | 22,000 | 41,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,721,000 | 1,728,000 | 1,749,000 | 1,749,000 |
| Total capital | 1,816,000 | 1,823,000 | 1,862,000 | 1,870,000 |
| Risk-weighted assets | 11,969,000 | 12,597,000 | 13,422,000 | 15,368,000 |