Call reports 2008

FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — 2008

Name: FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE — FFIEC call report 2008
Creator: FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE

What FARMERS AND MERCHANTS STATE BANK OF ARGONIA, THE reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/ffe0224a-be81-420c-a17c-e7ee6d8ac307/2008

Balance sheet

What the bank holds and owes at quarter end

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Total assets	23,499,000	23,517,000	22,593,000	22,606,000
Total loans	15,974,000	16,415,000	15,774,000	16,438,000
Allowance for loan losses	526,000	509,000	514,000	595,000
Securities available for sale	3,709,000	4,458,000	4,745,000	3,393,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	21,575,000	21,566,000	20,213,000	19,656,000
Interest-bearing deposits	19,444,000	18,401,000	17,712,000	17,442,000
Noninterest-bearing deposits	2,131,000	3,165,000	2,501,000	2,214,000
Equity capital	1,767,000	1,744,000	1,814,000	1,735,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Interest income	418,000	822,000	1,235,000	1,627,000
Interest expense	183,000	339,000	465,000	583,000
Net interest income	235,000	483,000	770,000	1,044,000
Noninterest income	57,000	110,000	166,000	220,000
Noninterest expense	267,000	547,000	801,000	1,140,000
Provision for loan losses	4,000	7,000	9,000	111,000
Pretax income	60,000	80,000	167,000	54,000
Income tax	16,000	16,000	26,000	8,000
Net income	44,000	64,000	141,000	46,000

Basel measures — not reported for every quarter

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Tier 1 capital	1,530,000	1,550,000	1,627,000	1,546,000
Total capital	1,729,000	1,755,000	1,819,000	1,733,000
Risk-weighted assets	15,600,000	16,125,000	15,057,000	14,563,000