Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND MERCHANTS BANK 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 | 603,050,000 | 615,564,000 | 629,217,000 | 608,865,000 |
| Total loans | 457,595,000 | 452,675,000 | 443,525,000 | 447,724,000 |
| Allowance for loan losses | 7,080,000 | 7,227,000 | 7,543,000 | 7,538,000 |
| Securities available for sale | 17,074,000 | 13,884,000 | 12,898,000 | 9,923,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 531,288,000 | 542,864,000 | 554,567,000 | 534,788,000 |
| Interest-bearing deposits | 363,623,000 | 374,881,000 | 384,861,000 | 370,404,000 |
| Noninterest-bearing deposits | 167,665,000 | 167,983,000 | 169,706,000 | 164,384,000 |
| Equity capital | 66,149,000 | 67,429,000 | 68,957,000 | 68,462,000 |
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 | 6,192,000 | 12,632,000 | 19,291,000 | 26,203,000 |
| Interest expense | 186,000 | 387,000 | 615,000 | 886,000 |
| Net interest income | 6,006,000 | 12,245,000 | 18,676,000 | 25,317,000 |
| Noninterest income | 1,689,000 | 3,483,000 | 5,235,000 | 6,977,000 |
| Noninterest expense | 4,977,000 | 10,093,000 | 15,049,000 | 20,044,000 |
| Provision for loan losses | 150,000 | 375,000 | 725,000 | 950,000 |
| Pretax income | 2,568,000 | 5,260,000 | 8,137,000 | 11,300,000 |
| Income tax | 538,000 | 1,108,000 | 1,734,000 | 2,348,000 |
| Net income | 2,030,000 | 4,152,000 | 6,403,000 | 8,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,865,000 | 67,136,000 | 68,651,000 | 68,134,000 |
| Total capital | 71,648,000 | 72,792,000 | 74,124,000 | 73,674,000 |
| Risk-weighted assets | 461,422,000 | 450,946,000 | 435,797,000 | 441,223,000 |