Call reports 2017
FARMERS AND MERCHANTS BANK, THE — 2017
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 128,798,000 | 129,338,000 | 125,299,000 | 129,426,000 |
| Total loans | 77,958,000 | 79,651,000 | 80,337,000 | 81,562,000 |
| Allowance for loan losses | 1,418,000 | 1,418,000 | 1,425,000 | 1,423,000 |
| Securities available for sale | 27,839,000 | 23,111,000 | 20,021,000 | 19,142,000 |
| Securities held to maturity | 13,647,000 | 12,189,000 | 11,949,000 | 11,329,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,800,000 | 109,777,000 | 108,484,000 | 112,979,000 |
| Interest-bearing deposits | 95,127,000 | 95,356,000 | 93,074,000 | 95,544,000 |
| Noninterest-bearing deposits | 15,673,000 | 14,421,000 | 15,410,000 | 17,435,000 |
| Equity capital | 13,731,000 | 13,836,000 | 13,994,000 | 13,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,134,000 | 2,261,000 | 3,387,000 | 4,522,000 |
| Interest expense | 77,000 | 160,000 | 247,000 | 341,000 |
| Net interest income | 1,057,000 | 2,101,000 | 3,140,000 | 4,181,000 |
| Noninterest income | 104,000 | 214,000 | 330,000 | 444,000 |
| Noninterest expense | 802,000 | 1,581,000 | 2,372,000 | 3,239,000 |
| Provision for loan losses | 20,000 | 20,000 | 20,000 | 20,000 |
| Pretax income | 339,000 | 733,000 | 1,099,000 | 1,387,000 |
| Income tax | 104,000 | 231,000 | 350,000 | 492,000 |
| Net income | 235,000 | 502,000 | 749,000 | 895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,046,000 | 13,976,000 | 14,152,000 | 14,084,000 |
| Total capital | 15,135,000 | 15,071,000 | 15,247,000 | 15,195,000 |
| Risk-weighted assets | 86,806,000 | 87,247,000 | 87,275,000 | 88,628,000 |