Farmers & Merchants State Bank
Ladonia, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Municipal Securities Over Time
| Municipal Securities | Farmers & Merchants State Bank | All Insured Commercial Banks in Texas |
| 09-30-2005 | 175,000 | 12,280,365 |
| 06-30-2005 | 175,000 | 12,125,313 |
| 03-31-2005 | 175,000 | 11,728,789 |
| 12-31-2004 | 175,000 | 11,821,321 |
| 09-30-2004 | 176,000 | 11,453,104 |
| 06-30-2004 | 175,000 | 11,090,681 |
| 03-31-2004 | 175,000 | 11,105,227 |
| 12-31-2003 | 382,000 | 10,727,433 |
| 09-30-2003 | 381,000 | 10,906,279 |
| 06-30-2003 | 386,000 | 10,547,195 |
| 03-31-2003 | 384,000 | 9,959,572 |
| 12-31-2002 | 380,000 | 9,808,718 |