Call reports 2014
FARMERS & MERCHANTS BANK — 2014
What FARMERS & MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 114,345,000 | 113,470,000 | 114,021,000 | 114,977,000 |
| Total loans | 69,826,000 | 73,273,000 | 76,462,000 | 78,410,000 |
| Allowance for loan losses | 935,000 | 1,014,000 | 1,090,000 | 1,210,000 |
| Securities available for sale | 32,885,000 | 32,044,000 | 29,643,000 | 29,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,870,000 | 98,597,000 | 100,003,000 | 98,422,000 |
| Interest-bearing deposits | 80,237,000 | 77,202,000 | 76,998,000 | 76,399,000 |
| Noninterest-bearing deposits | 22,632,000 | 21,395,000 | 23,005,000 | 22,023,000 |
| Equity capital | 10,258,000 | 10,739,000 | 11,098,000 | 11,334,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,094,000 | 2,195,000 | 3,316,000 | 4,462,000 |
| Interest expense | 52,000 | 101,000 | 150,000 | 198,000 |
| Net interest income | 1,042,000 | 2,094,000 | 3,166,000 | 4,264,000 |
| Noninterest income | 127,000 | 257,000 | 414,000 | 569,000 |
| Noninterest expense | 783,000 | 1,540,000 | 2,320,000 | 3,206,000 |
| Provision for loan losses | 80,000 | 155,000 | 230,000 | 350,000 |
| Pretax income | 306,000 | 669,000 | 1,061,000 | 1,308,000 |
| Income tax | 63,000 | 147,000 | 244,000 | 293,000 |
| Net income | 243,000 | 522,000 | 817,000 | 1,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,104,000 | 10,334,000 | 10,628,000 | 10,727,000 |
| Total capital | 10,923,000 | 11,141,000 | 11,455,000 | 11,582,000 |
| Risk-weighted assets | 65,396,000 | 64,394,000 | 65,925,000 | 68,043,000 |