Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK 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 | 632,376,000 | 644,310,000 | 632,996,000 | 651,435,000 |
| Total loans | 441,493,000 | 435,948,000 | 429,097,000 | 428,876,000 |
| Allowance for loan losses | 7,607,000 | 7,693,000 | 7,884,000 | 7,809,000 |
| Securities available for sale | 6,946,000 | 4,470,000 | 3,470,000 | 1,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 555,951,000 | 566,574,000 | 554,688,000 | 571,507,000 |
| Interest-bearing deposits | 382,568,000 | 387,665,000 | 379,597,000 | 392,276,000 |
| Noninterest-bearing deposits | 173,383,000 | 178,909,000 | 175,091,000 | 179,231,000 |
| Equity capital | 70,511,000 | 72,128,000 | 72,537,000 | 74,199,000 |
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 | 6,932,000 | 14,002,000 | 21,135,000 | 27,815,000 |
| Interest expense | 277,000 | 581,000 | 921,000 | 1,263,000 |
| Net interest income | 6,655,000 | 13,421,000 | 20,214,000 | 26,552,000 |
| Noninterest income | 1,676,000 | 3,590,000 | 5,556,000 | 7,645,000 |
| Noninterest expense | 4,858,000 | 10,039,000 | 15,365,000 | 20,730,000 |
| Provision for loan losses | 90,000 | 180,000 | 240,000 | 240,000 |
| Pretax income | 3,383,000 | 6,792,000 | 10,165,000 | 13,227,000 |
| Income tax | 750,000 | 1,505,000 | 2,254,000 | 2,940,000 |
| Net income | 2,633,000 | 5,287,000 | 7,911,000 | 10,287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,164,000 | 71,762,000 | 72,169,000 | 73,846,000 |
| Total capital | 75,649,000 | 77,166,000 | 77,536,000 | 79,199,000 |
| Risk-weighted assets | 436,744,000 | 430,075,000 | 426,922,000 | 425,814,000 |