Call reports 2020
FARMERS AND MERCHANTS BANK, THE — 2020
What FARMERS AND MERCHANTS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 134,427,000 | 141,448,000 | 142,812,000 | 152,722,000 |
| Total loans | 85,261,000 | 87,795,000 | 87,995,000 | 87,451,000 |
| Allowance for loan losses | 1,372,000 | 1,391,000 | 1,403,000 | 1,419,000 |
| Securities available for sale | 17,268,000 | 14,074,000 | 17,262,000 | 20,348,000 |
| Securities held to maturity | 5,983,000 | 5,411,000 | 5,134,000 | 4,060,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,418,000 | 121,818,000 | 122,869,000 | 132,770,000 |
| Interest-bearing deposits | 88,467,000 | 100,761,000 | 99,962,000 | 105,566,000 |
| Noninterest-bearing deposits | 26,951,000 | 21,057,000 | 22,907,000 | 27,204,000 |
| Equity capital | 15,158,000 | 15,590,000 | 15,921,000 | 16,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,254,000 | 2,443,000 | 3,617,000 | 4,765,000 |
| Interest expense | 189,000 | 330,000 | 464,000 | 576,000 |
| Net interest income | 1,065,000 | 2,113,000 | 3,153,000 | 4,189,000 |
| Noninterest income | 139,000 | 505,000 | 955,000 | 1,529,000 |
| Noninterest expense | 1,013,000 | 2,029,000 | 3,091,000 | 4,225,000 |
| Provision for loan losses | 0 | 15,000 | 25,000 | 40,000 |
| Pretax income | 192,000 | 578,000 | 996,000 | 1,457,000 |
| Income tax | 41,000 | 131,000 | 229,000 | 337,000 |
| Net income | 151,000 | 447,000 | 767,000 | 1,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,166,000 | 15,312,000 | 15,633,000 | 15,757,000 |