Call reports 2020
FARMERS AND MERCHANTS NATIONAL BANK OF NASHVILLE, THE — 2020
What FARMERS AND MERCHANTS NATIONAL BANK OF NASHVILLE, 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 | 189,722,000 | 211,655,000 | 215,562,000 | 229,235,000 |
| Total loans | 122,976,000 | 132,830,000 | 134,668,000 | 137,555,000 |
| Allowance for loan losses | 1,056,000 | 1,087,000 | 1,117,000 | 1,147,000 |
| Securities available for sale | 45,146,000 | 59,030,000 | 59,745,000 | 61,156,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,911,000 | 186,570,000 | 190,080,000 | 203,142,000 |
| Interest-bearing deposits | 135,593,000 | 144,544,000 | 147,526,000 | 157,299,000 |
| Noninterest-bearing deposits | 31,318,000 | 42,026,000 | 42,554,000 | 45,843,000 |
| Equity capital | 22,510,000 | 24,505,000 | 24,758,000 | 25,433,000 |
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 | 1,829,000 | 3,627,000 | 5,366,000 | 7,176,000 |
| Interest expense | 175,000 | 337,000 | 484,000 | 614,000 |
| Net interest income | 1,654,000 | 3,290,000 | 4,882,000 | 6,562,000 |
| Noninterest income | 283,000 | 731,000 | 1,237,000 | 1,665,000 |
| Noninterest expense | 1,287,000 | 2,587,000 | 3,862,000 | 5,177,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 607,000 | 1,366,000 | 2,159,000 | 2,927,000 |
| Income tax | 10,000 | 22,000 | 34,000 | 47,000 |
| Net income | 597,000 | 1,344,000 | 2,125,000 | 2,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,006,000 | 22,866,000 | 22,861,000 | 23,300,000 |