Call reports 2017
FARMERS & MERCHANTS BANK — 2017
What FARMERS & 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 | 133,868,000 | 137,536,000 | 144,725,000 | 144,749,000 |
| Total loans | 93,596,000 | 99,241,000 | 100,200,000 | 103,511,000 |
| Allowance for loan losses | 1,518,000 | 1,518,000 | 1,513,000 | 1,534,000 |
| Securities available for sale | 31,429,000 | 30,847,000 | 31,761,000 | 33,230,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,102,000 | 118,072,000 | 125,255,000 | 125,146,000 |
| Interest-bearing deposits | 83,658,000 | 84,167,000 | 90,515,000 | 88,788,000 |
| Noninterest-bearing deposits | 31,443,000 | 33,905,000 | 34,740,000 | 36,358,000 |
| Equity capital | 13,359,000 | 13,800,000 | 13,958,000 | 14,026,000 |
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 | 1,352,000 | 2,766,000 | 4,223,000 | 5,719,000 |
| Interest expense | 55,000 | 141,000 | 220,000 | 299,000 |
| Net interest income | 1,297,000 | 2,625,000 | 4,003,000 | 5,420,000 |
| Noninterest income | 169,000 | 355,000 | 534,000 | 706,000 |
| Noninterest expense | 958,000 | 1,982,000 | 3,013,000 | 4,052,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 50,000 |
| Pretax income | 478,000 | 968,000 | 1,492,000 | 2,022,000 |
| Income tax | 123,000 | 246,000 | 405,000 | 625,000 |
| Net income | 355,000 | 722,000 | 1,087,000 | 1,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,237,000 | 13,454,000 | 13,694,000 | 13,982,000 |
| Total capital | 14,311,000 | 14,609,000 | 14,892,000 | 15,211,000 |
| Risk-weighted assets | 85,490,000 | 92,045,000 | 95,530,000 | 98,008,000 |