Call reports 2019
MERCHANTS & FARMERS BANK & TRUST COMPANY — 2019
What MERCHANTS & FARMERS BANK & TRUST COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 419,663,000 | 415,698,000 | 410,427,000 | 408,091,000 |
| Total loans | 244,981,000 | 239,980,000 | 240,929,000 | 241,855,000 |
| Allowance for loan losses | 2,059,000 | 2,104,000 | 2,131,000 | 2,123,000 |
| Securities available for sale | 129,841,000 | 129,297,000 | 129,153,000 | 127,976,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,933,000 | 304,034,000 | 301,981,000 | 299,451,000 |
| Interest-bearing deposits | 205,442,000 | 201,645,000 | 198,758,000 | 197,869,000 |
| Noninterest-bearing deposits | 105,491,000 | 102,389,000 | 103,223,000 | 101,582,000 |
| Equity capital | 46,990,000 | 49,090,000 | 50,396,000 | 50,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,107,000 | 8,238,000 | 12,381,000 | 16,432,000 |
| Interest expense | 656,000 | 1,321,000 | 1,968,000 | 2,590,000 |
| Net interest income | 3,451,000 | 6,917,000 | 10,413,000 | 13,842,000 |
| Noninterest income | 507,000 | 1,043,000 | 1,581,000 | 2,287,000 |
| Noninterest expense | 3,007,000 | 6,053,000 | 9,065,000 | 12,076,000 |
| Provision for loan losses | 53,000 | 105,000 | 148,000 | 159,000 |
| Pretax income | 907,000 | 1,839,000 | 2,836,000 | 3,999,000 |
| Income tax | 128,000 | 269,000 | 421,000 | 585,000 |
| Net income | 779,000 | 1,570,000 | 2,415,000 | 3,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,140,000 | 44,524,000 | 45,369,000 | 46,087,000 |
| Total capital | 46,199,000 | 46,628,000 | 47,500,000 | 48,210,000 |
| Risk-weighted assets | 247,213,000 | 238,183,000 | 240,213,000 | 240,847,000 |