Call reports 2019
FARMERS & MERCHANTS BANK — 2019
What FARMERS & 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 | 160,850,000 | 168,338,000 | 177,907,000 | 181,284,000 |
| Total loans | 120,633,000 | 124,711,000 | 134,961,000 | 135,980,000 |
| Allowance for loan losses | 1,634,000 | 1,547,000 | 1,702,000 | 1,758,000 |
| Securities available for sale | 31,839,000 | 33,770,000 | 34,511,000 | 33,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,252,000 | 141,869,000 | 143,489,000 | 151,293,000 |
| Interest-bearing deposits | 95,262,000 | 99,396,000 | 100,745,000 | 103,537,000 |
| Noninterest-bearing deposits | 39,990,000 | 42,473,000 | 42,745,000 | 47,757,000 |
| Equity capital | 16,107,000 | 16,930,000 | 17,626,000 | 18,246,000 |
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 | 1,820,000 | 3,755,000 | 5,789,000 | 7,915,000 |
| Interest expense | 180,000 | 389,000 | 612,000 | 852,000 |
| Net interest income | 1,640,000 | 3,366,000 | 5,177,000 | 7,063,000 |
| Noninterest income | 201,000 | 431,000 | 759,000 | 980,000 |
| Noninterest expense | 1,264,000 | 2,495,000 | 3,724,000 | 4,972,000 |
| Provision for loan losses | 0 | 40,000 | 216,000 | 266,000 |
| Pretax income | 577,000 | 1,262,000 | 2,022,000 | 2,831,000 |
| Income tax | 122,000 | 248,000 | 391,000 | 538,000 |
| Net income | 455,000 | 1,014,000 | 1,631,000 | 2,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,014,000 | 16,573,000 | 17,188,000 | 17,852,000 |
| Total capital | 17,462,000 | 18,094,000 | 18,789,000 | 19,490,000 |
| Risk-weighted assets | 115,666,000 | 121,613,000 | 127,562,000 | 130,397,000 |