Call reports 2014
FARMERS AND MERCHANTS BANK, THE — 2014
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 121,040,000 | 120,641,000 | 117,135,000 | 119,719,000 |
| Total loans | 56,837,000 | 60,675,000 | 63,600,000 | 65,919,000 |
| Allowance for loan losses | 1,370,000 | 1,358,000 | 1,361,000 | 1,330,000 |
| Securities available for sale | 21,078,000 | 19,537,000 | 17,319,000 | 17,280,000 |
| Securities held to maturity | 16,394,000 | 16,381,000 | 16,165,000 | 15,978,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,065,000 | 107,383,000 | 102,607,000 | 105,337,000 |
| Interest-bearing deposits | 94,247,000 | 93,938,000 | 90,130,000 | 86,515,000 |
| Noninterest-bearing deposits | 13,818,000 | 13,445,000 | 12,477,000 | 18,822,000 |
| Equity capital | 12,737,000 | 12,857,000 | 13,015,000 | 12,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 934,000 | 1,878,000 | 2,839,000 | 3,808,000 |
| Interest expense | 71,000 | 142,000 | 214,000 | 291,000 |
| Net interest income | 863,000 | 1,736,000 | 2,625,000 | 3,517,000 |
| Noninterest income | 103,000 | 219,000 | 341,000 | 441,000 |
| Noninterest expense | 820,000 | 1,614,000 | 2,413,000 | 3,212,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 146,000 | 355,000 | 567,000 | 760,000 |
| Income tax | 37,000 | 98,000 | 161,000 | 218,000 |
| Net income | 109,000 | 257,000 | 406,000 | 542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,699,000 | 12,765,000 | 12,914,000 | 12,847,000 |
| Total capital | 13,332,000 | 13,642,000 | 13,818,000 | 13,767,000 |
| Risk-weighted assets | 67,317,000 | 69,703,000 | 71,869,000 | 75,034,000 |