Call reports 2018
MERCHANTS & FARMERS BANK & TRUST COMPANY — 2018
What MERCHANTS & FARMERS BANK & TRUST COMPANY 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 | 404,536,000 | 414,086,000 | 409,281,000 | 415,850,000 |
| Total loans | 226,212,000 | 230,042,000 | 239,533,000 | 244,366,000 |
| Allowance for loan losses | 2,044,000 | 2,071,000 | 2,066,000 | 2,070,000 |
| Securities available for sale | 141,599,000 | 139,034,000 | 132,768,000 | 130,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 301,347,000 | 303,819,000 | 298,912,000 | 303,658,000 |
| Interest-bearing deposits | 204,909,000 | 204,451,000 | 200,056,000 | 204,817,000 |
| Noninterest-bearing deposits | 96,438,000 | 99,368,000 | 98,856,000 | 98,841,000 |
| Equity capital | 42,980,000 | 43,524,000 | 43,556,000 | 45,730,000 |
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 | 3,709,000 | 7,538,000 | 11,581,000 | 15,713,000 |
| Interest expense | 604,000 | 1,213,000 | 1,865,000 | 2,547,000 |
| Net interest income | 3,105,000 | 6,325,000 | 9,716,000 | 13,166,000 |
| Noninterest income | 539,000 | 1,144,000 | 1,834,000 | 2,378,000 |
| Noninterest expense | 2,906,000 | 5,776,000 | 8,689,000 | 11,697,000 |
| Provision for loan losses | 23,000 | 70,000 | 109,000 | 137,000 |
| Pretax income | 732,000 | 1,641,000 | 2,771,000 | 3,730,000 |
| Income tax | 80,000 | 205,000 | 375,000 | 683,000 |
| Net income | 652,000 | 1,436,000 | 2,396,000 | 3,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,554,000 | 42,010,000 | 42,969,000 | 43,361,000 |
| Total capital | 43,598,000 | 44,081,000 | 45,035,000 | 45,431,000 |
| Risk-weighted assets | 238,991,000 | 244,709,000 | 245,754,000 | 247,908,000 |
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