Call reports 2019
FARMERS & MERCHANTS BANK OF ORFORDVILLE — 2019
What FARMERS & MERCHANTS BANK OF ORFORDVILLE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 56,837,000 | 54,468,000 | 54,404,000 | 60,671,000 |
| Total loans | 32,616,000 | 33,689,000 | 34,085,000 | 32,331,000 |
| Allowance for loan losses | 476,000 | 492,000 | 476,000 | 0 |
| Securities available for sale | 10,616,000 | 10,168,000 | 9,321,000 | 8,561,000 |
| Securities held to maturity | 395,000 | 395,000 | 395,000 | 0 |
| Trading assets | 0 | 0 | 0 | 105,000 |
| Total deposits | 47,954,000 | 46,008,000 | 45,940,000 | 49,178,000 |
| Interest-bearing deposits | 36,468,000 | 36,235,000 | 35,648,000 | 39,768,000 |
| Noninterest-bearing deposits | 11,486,000 | 9,773,000 | 10,292,000 | 9,410,000 |
| Equity capital | 7,395,000 | 7,568,000 | 7,240,000 | 10,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 551,000 | 1,132,000 | 1,726,000 | 555,000 |
| Interest expense | 100,000 | 207,000 | 319,000 | 116,000 |
| Net interest income | 451,000 | 925,000 | 1,407,000 | 439,000 |
| Noninterest income | 34,000 | 73,000 | 116,000 | 84,000 |
| Noninterest expense | 319,000 | 707,000 | 1,398,000 | 223,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 166,000 | 291,000 | 128,000 | 240,000 |
| Income tax | 34,000 | 56,000 | 40,000 | 59,000 |
| Net income | 132,000 | 235,000 | 88,000 | 181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,394,000 | 7,496,000 | 7,149,000 | 7,353,000 |
| Total capital | 7,771,000 | 7,875,000 | 7,529,000 | 7,353,000 |
| Risk-weighted assets | 30,068,000 | 30,242,000 | 30,356,000 | 30,899,000 |