Call reports 2020
FARMERS & MERCHANTS SAVINGS BANK — 2020
What FARMERS & MERCHANTS SAVINGS BANK 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 | 585,569,000 | 671,111,000 | 676,519,000 | 680,511,000 |
| Total loans | 477,536,000 | 577,736,000 | 546,240,000 | 489,222,000 |
| Allowance for loan losses | 9,188,000 | 9,535,000 | 10,114,000 | 10,452,000 |
| Securities available for sale | 34,229,000 | 28,357,000 | 27,054,000 | 50,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 444,994,000 | 526,116,000 | 530,600,000 | 535,268,000 |
| Interest-bearing deposits | 345,443,000 | 354,287,000 | 374,309,000 | 372,693,000 |
| Noninterest-bearing deposits | 99,551,000 | 171,829,000 | 156,291,000 | 162,575,000 |
| Equity capital | 77,139,000 | 81,350,000 | 81,941,000 | 81,061,000 |
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 | 6,594,000 | 15,858,000 | 22,057,000 | 27,650,000 |
| Interest expense | 1,426,000 | 2,469,000 | 3,575,000 | 4,416,000 |
| Net interest income | 5,168,000 | 13,389,000 | 18,482,000 | 23,234,000 |
| Noninterest income | 578,000 | 1,614,000 | 2,413,000 | 3,397,000 |
| Noninterest expense | 3,302,000 | 6,675,000 | 10,292,000 | 13,931,000 |
| Provision for loan losses | 330,000 | 840,000 | 1,440,000 | 2,040,000 |
| Pretax income | 2,324,000 | 7,708,000 | 9,385,000 | 10,893,000 |
| Income tax | 95,000 | 352,000 | 423,000 | 435,000 |
| Net income | 2,229,000 | 7,356,000 | 8,962,000 | 10,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,995,000 | 80,897,000 | 81,546,000 | 80,711,000 |
| Total capital | 84,100,000 | 89,217,000 | 89,553,000 | 88,203,000 |
| Risk-weighted assets | 566,333,000 | 664,381,000 | 638,532,000 | 596,402,000 |