Call reports 2020
FARMERS & MERCHANTS BANK — 2020
What FARMERS & 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 | 185,484,000 | 221,052,000 | 222,482,000 | 225,385,000 |
| Total loans | 140,951,000 | 164,119,000 | 173,791,000 | 159,598,000 |
| Allowance for loan losses | 1,791,000 | 1,831,000 | 1,873,000 | 2,367,000 |
| Securities available for sale | 35,577,000 | 35,039,000 | 37,304,000 | 38,766,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,819,000 | 184,455,000 | 184,864,000 | 187,157,000 |
| Interest-bearing deposits | 109,905,000 | 120,760,000 | 124,037,000 | 124,527,000 |
| Noninterest-bearing deposits | 44,914,000 | 63,694,000 | 60,827,000 | 62,629,000 |
| Equity capital | 19,156,000 | 20,131,000 | 21,034,000 | 21,599,000 |
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 | 2,094,000 | 4,233,000 | 6,599,000 | 9,226,000 |
| Interest expense | 221,000 | 458,000 | 687,000 | 903,000 |
| Net interest income | 1,873,000 | 3,775,000 | 5,912,000 | 8,323,000 |
| Noninterest income | 208,000 | 459,000 | 700,000 | 924,000 |
| Noninterest expense | 1,308,000 | 2,599,000 | 3,936,000 | 5,276,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 635,000 |
| Pretax income | 729,000 | 1,550,000 | 2,551,000 | 3,351,000 |
| Income tax | 137,000 | 276,000 | 459,000 | 602,000 |
| Net income | 592,000 | 1,274,000 | 2,092,000 | 2,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,444,000 | 18,859,000 | 19,944,000 | 20,500,000 |
| Total capital | 20,137,000 | 20,568,000 | 21,817,000 | 22,575,000 |
| Risk-weighted assets | 135,315,000 | 136,625,000 | 174,428,000 | 165,689,000 |