Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 668,299,000 | 725,527,000 | 738,728,000 | 754,129,000 |
| Total loans | 449,544,000 | 465,129,000 | 443,335,000 | 436,299,000 |
| Allowance for loan losses | 7,839,000 | 8,243,000 | 8,839,000 | 9,493,000 |
| Securities available for sale | 1,466,000 | 1,470,000 | 1,461,000 | 452,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,972,000 | 641,072,000 | 654,394,000 | 667,894,000 |
| Interest-bearing deposits | 388,062,000 | 407,916,000 | 418,889,000 | 428,711,000 |
| Noninterest-bearing deposits | 197,910,000 | 233,156,000 | 235,505,000 | 239,183,000 |
| Equity capital | 76,329,000 | 77,207,000 | 78,355,000 | 79,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,807,000 | 13,131,000 | 19,395,000 | 25,151,000 |
| Interest expense | 312,000 | 551,000 | 775,000 | 986,000 |
| Net interest income | 6,495,000 | 12,580,000 | 18,620,000 | 24,165,000 |
| Noninterest income | 2,591,000 | 4,677,000 | 7,079,000 | 9,889,000 |
| Noninterest expense | 5,445,000 | 10,748,000 | 16,136,000 | 21,118,000 |
| Provision for loan losses | 0 | 415,000 | 1,095,000 | 1,740,000 |
| Pretax income | 3,641,000 | 6,094,000 | 8,468,000 | 11,196,000 |
| Income tax | 788,000 | 1,312,000 | 1,810,000 | 2,241,000 |
| Net income | 2,853,000 | 4,782,000 | 6,658,000 | 8,955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,976,000 | 76,837,000 | 77,992,000 | 79,422,000 |
| Total capital | 81,499,000 | 82,427,000 | 83,283,000 | 84,746,000 |
| Risk-weighted assets | 439,556,000 | 444,619,000 | 419,786,000 | 421,794,000 |