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Farmers & Merchants Bank, Income and Expense

1998-12-31 (YTD Data)		Rank
Total interest income	$1,421,000	9,389
Total interest expense	$566,000	9,560
Net interest income	$855,000	9,125
Provision for loan and lease losses	$0	8,652
Total noninterest income	$154,000	8,170
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$103,000	6,803
Trading account gains and fees	NA	NA
Additional Noninterest Income	$51,000	8,120
Total noninterest expense	$648,000	9,267
Salaries and employee benefits	$364,000	9,199
Premises and equipment expense	$83,000	9,091
Additional noninterest expense	$201,000	9,102
Pre-tax net operating income	$361,000	8,087
Securities gains (losses)	$16,000	2,616
Applicable income taxes	$69,000	8,007
Income before extraordinary items	$308,000	7,818
Extraordinary gains, net	$0	32
Net income	$308,000	7,817
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,000	7,603
Cash dividends	$210,000	5,268
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$294,880	7,849
1997-12-31 (YTD Data)		Rank
Total interest income	$1,439,000	9,759
Total interest expense	$565,000	9,931
Net interest income	$874,000	9,482
Provision for loan and lease losses	$0	8,829
Total noninterest income	$158,000	8,453
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$101,000	7,173
Trading account gains and fees	NA	NA
Additional Noninterest Income	$57,000	8,127
Total noninterest expense	$621,000	9,673
Salaries and employee benefits	$351,000	9,588
Premises and equipment expense	$87,000	9,278
Additional noninterest expense	$183,000	9,625
Pre-tax net operating income	$411,000	8,386
Securities gains (losses)	$0	3,944
Applicable income taxes	$102,000	8,365
Income before extraordinary items	$309,000	8,316
Extraordinary gains, net	$0	44
Net income	$309,000	8,317
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,000	8,371
Cash dividends	$144,000	5,998
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$309,000	8,270
1996-12-31 (YTD Data)		Rank
Total interest income	$1,427,000	10,216
Total interest expense	$569,000	10,378
Net interest income	$858,000	9,940
Provision for loan and lease losses	$0	9,041
Total noninterest income	$206,000	8,145
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$106,000	7,368
Trading account gains and fees	NA	NA
Additional Noninterest Income	$100,000	7,130
Total noninterest expense	$609,000	10,140
Salaries and employee benefits	$361,000	9,885
Premises and equipment expense	$85,000	9,680
Additional noninterest expense	$163,000	10,397
Pre-tax net operating income	$455,000	8,190
Securities gains (losses)	$0	4,148
Applicable income taxes	$115,000	8,483
Income before extraordinary items	$340,000	8,082
Extraordinary gains, net	$0	53
Net income	$340,000	8,081
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,000	8,441
Cash dividends	$120,000	6,384
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$340,000	8,033
1995-12-31 (YTD Data)		Rank
Total interest income	$1,367,000	10,738
Total interest expense	$563,000	10,799
Net interest income	$804,000	10,520
Provision for loan and lease losses	$0	8,958
Total noninterest income	$187,000	8,635
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$110,000	7,544
Trading account gains and fees	NA	NA
Additional Noninterest Income	$77,000	8,059
Total noninterest expense	$627,000	10,462
Salaries and employee benefits	$355,000	10,301
Premises and equipment expense	$96,000	9,727
Additional noninterest expense	$176,000	10,741
Pre-tax net operating income	$364,000	9,301
Securities gains (losses)	$28,000	1,681
Applicable income taxes	$95,000	9,268
Income before extraordinary items	$297,000	8,977
Extraordinary gains, net	$0	65
Net income	$297,000	8,981
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,856
Cash dividends	$102,000	6,718
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$275,720	9,150
1994-12-31 (YTD Data)		Rank
Total interest income	$1,319,000	11,101
Total interest expense	$448,000	11,347
Net interest income	$871,000	10,826
Provision for loan and lease losses	$0	9,146
Total noninterest income	$137,000	9,976
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$105,000	7,965
Trading account gains and fees	NA	NA
Additional Noninterest Income	$32,000	10,653
Total noninterest expense	$678,000	10,793
Salaries and employee benefits	$365,000	10,598
Premises and equipment expense	$82,000	10,584
Additional noninterest expense	$231,000	10,761
Pre-tax net operating income	$330,000	9,909
Securities gains (losses)	$14,000	2,006
Applicable income taxes	$71,000	10,001
Income before extraordinary items	$273,000	9,453
Extraordinary gains, net	$0	249
Net income	$273,000	9,459
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-8,000	10,674
Cash dividends	$90,000	7,108
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$261,940	9,627
1993-12-31 (YTD Data)		Rank
Total interest income	$1,414,000	11,418
Total interest expense	$485,000	11,756
Net interest income	$929,000	11,036
Provision for loan and lease losses	$0	10,371
Total noninterest income	$161,000	10,000
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$123,000	7,765
Trading account gains and fees	NA	NA
Additional Noninterest Income	$38,000	10,795
Total noninterest expense	$672,000	11,297
Salaries and employee benefits	$368,000	10,965
Premises and equipment expense	$87,000	10,896
Additional noninterest expense	$217,000	11,505
Pre-tax net operating income	$418,000	9,271
Securities gains (losses)	$4,000	6,316
Applicable income taxes	$93,000	9,919
Income before extraordinary items	$329,000	9,138
Extraordinary gains, net	$0	3,149
Net income	$329,000	9,295
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-5,000	11,387
Cash dividends	$72,000	7,482
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$325,880	8,924
1992-12-31 (YTD Data)		Rank
Total interest income	$1,520,000	11,917
Total interest expense	$622,000	12,192
Net interest income	$898,000	11,529
Provision for loan and lease losses	$0	11,756
Total noninterest income	$153,000	10,441
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$130,000	7,688
Trading account gains and fees	NA	NA
Additional Noninterest Income	$23,000	12,330
Total noninterest expense	$672,000	11,668
Salaries and employee benefits	$361,000	11,327
Premises and equipment expense	$80,000	11,493
Additional noninterest expense	$231,000	11,802
Pre-tax net operating income	$379,000	9,433
Securities gains (losses)	$11,000	6,349
Applicable income taxes	$97,000	10,000
Income before extraordinary items	$293,000	9,416
Extraordinary gains, net	$0	1,422
Net income	$293,000	9,552
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$3,000	10,714
Cash dividends	$60,000	7,413
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$284,750	9,116

* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.