Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 596,551,000 | 611,905,000 | 611,625,000 | 604,426,000 |
| Total loans | 432,047,000 | 439,237,000 | 444,166,000 | 446,517,000 |
| Allowance for loan losses | 7,455,000 | 7,317,000 | 7,292,000 | 6,859,000 |
| Securities available for sale | 27,268,000 | 27,005,000 | 25,929,000 | 21,850,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 527,529,000 | 542,859,000 | 541,129,000 | 534,158,000 |
| Interest-bearing deposits | 368,593,000 | 375,369,000 | 372,110,000 | 373,592,000 |
| Noninterest-bearing deposits | 158,936,000 | 167,490,000 | 169,019,000 | 160,566,000 |
| Equity capital | 63,109,000 | 63,879,000 | 64,791,000 | 64,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,338,000 | 11,050,000 | 17,019,000 | 23,129,000 |
| Interest expense | 185,000 | 375,000 | 569,000 | 764,000 |
| Net interest income | 5,153,000 | 10,675,000 | 16,450,000 | 22,365,000 |
| Noninterest income | 1,631,000 | 3,220,000 | 4,814,000 | 6,708,000 |
| Noninterest expense | 4,990,000 | 10,095,000 | 15,233,000 | 20,289,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,794,000 | 3,800,000 | 6,031,000 | 8,784,000 |
| Income tax | 652,000 | 1,379,000 | 2,184,000 | 4,306,000 |
| Net income | 1,142,000 | 2,421,000 | 3,847,000 | 4,478,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,738,000 | 63,516,000 | 64,434,000 | 64,645,000 |
| Total capital | 68,321,000 | 69,277,000 | 70,153,000 | 70,280,000 |
| Risk-weighted assets | 444,742,000 | 459,349,000 | 455,921,000 | 449,550,000 |