Call reports 2018
FARMERS & MERCHANTS BANK — 2018
What FARMERS & 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 | 154,033,000 | 153,489,000 | 154,929,000 | 156,842,000 |
| Total loans | 110,762,000 | 113,935,000 | 115,413,000 | 116,146,000 |
| Allowance for loan losses | 1,557,000 | 1,587,000 | 1,616,000 | 1,648,000 |
| Securities available for sale | 33,123,000 | 32,493,000 | 31,992,000 | 32,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,380,000 | 126,398,000 | 126,163,000 | 127,973,000 |
| Interest-bearing deposits | 87,989,000 | 87,103,000 | 88,612,000 | 88,673,000 |
| Noninterest-bearing deposits | 37,392,000 | 39,295,000 | 37,552,000 | 39,300,000 |
| Equity capital | 14,102,000 | 14,551,000 | 14,754,000 | 15,256,000 |
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 | 1,569,000 | 3,255,000 | 4,989,000 | 6,748,000 |
| Interest expense | 102,000 | 224,000 | 366,000 | 535,000 |
| Net interest income | 1,467,000 | 3,031,000 | 4,623,000 | 6,213,000 |
| Noninterest income | 181,000 | 378,000 | 585,000 | 785,000 |
| Noninterest expense | 1,066,000 | 2,168,000 | 3,290,000 | 4,524,000 |
| Provision for loan losses | 30,000 | 60,000 | 130,000 | 200,000 |
| Pretax income | 545,000 | 1,174,000 | 1,813,000 | 2,299,000 |
| Income tax | 92,000 | 222,000 | 311,000 | 396,000 |
| Net income | 453,000 | 952,000 | 1,502,000 | 1,903,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,458,000 | 14,957,000 | 15,395,000 | 15,559,000 |
| Total capital | 15,815,000 | 16,357,000 | 16,809,000 | 16,971,000 |
| Risk-weighted assets | 108,390,000 | 111,679,000 | 112,883,000 | 112,756,000 |