Call reports 2018
FARMERS AND MERCHANTS BANK, THE — 2018
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 127,630,000 | 125,680,000 | 124,247,000 | 125,388,000 |
| Total loans | 76,541,000 | 76,562,000 | 76,340,000 | 78,739,000 |
| Allowance for loan losses | 1,425,000 | 1,428,000 | 1,290,000 | 1,297,000 |
| Securities available for sale | 23,571,000 | 24,380,000 | 23,041,000 | 22,737,000 |
| Securities held to maturity | 11,120,000 | 11,012,000 | 10,903,000 | 10,315,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,190,000 | 110,238,000 | 108,593,000 | 109,659,000 |
| Interest-bearing deposits | 94,523,000 | 94,940,000 | 91,851,000 | 91,465,000 |
| Noninterest-bearing deposits | 16,667,000 | 15,298,000 | 16,742,000 | 18,194,000 |
| Equity capital | 13,737,000 | 13,679,000 | 13,820,000 | 14,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,151,000 | 2,355,000 | 3,569,000 | 4,796,000 |
| Interest expense | 112,000 | 237,000 | 385,000 | 542,000 |
| Net interest income | 1,039,000 | 2,118,000 | 3,184,000 | 4,254,000 |
| Noninterest income | 117,000 | 229,000 | 372,000 | 489,000 |
| Noninterest expense | 850,000 | 1,764,000 | 2,619,000 | 3,493,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 306,000 | 601,000 | 937,000 | 1,250,000 |
| Income tax | 68,000 | 132,000 | 208,000 | 278,000 |
| Net income | 238,000 | 469,000 | 729,000 | 972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,323,000 | 14,281,000 | 14,503,000 | 14,524,000 |
| Total capital | 15,372,000 | 15,317,000 | 15,509,000 | 15,553,000 |
| Risk-weighted assets | 83,578,000 | 82,518,000 | 80,180,000 | 82,106,000 |