Call reports 2014
FARMERS AND MERCHANTS BANK — 2014
What FARMERS AND 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 | 303,196,000 | 312,294,000 | 317,474,000 | 322,787,000 |
| Total loans | 243,111,000 | 257,645,000 | 257,684,000 | 265,423,000 |
| Allowance for loan losses | 2,668,000 | 2,721,000 | 2,722,000 | 2,780,000 |
| Securities available for sale | 17,395,000 | 17,074,000 | 17,300,000 | 19,882,000 |
| Securities held to maturity | 11,166,000 | 11,068,000 | 11,260,000 | 11,639,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,765,000 | 252,203,000 | 254,905,000 | 261,232,000 |
| Interest-bearing deposits | 195,529,000 | 206,479,000 | 206,495,000 | 209,150,000 |
| Noninterest-bearing deposits | 45,236,000 | 45,724,000 | 48,410,000 | 52,082,000 |
| Equity capital | 30,257,000 | 31,013,000 | 31,930,000 | 32,702,000 |
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 | 3,360,000 | 6,937,000 | 10,473,000 | 14,085,000 |
| Interest expense | 281,000 | 574,000 | 867,000 | 1,157,000 |
| Net interest income | 3,079,000 | 6,363,000 | 9,606,000 | 12,928,000 |
| Noninterest income | 326,000 | 599,000 | 872,000 | 1,194,000 |
| Noninterest expense | 2,112,000 | 4,203,000 | 6,307,000 | 8,411,000 |
| Provision for loan losses | 14,000 | 64,000 | 64,000 | 124,000 |
| Pretax income | 1,283,000 | 2,699,000 | 4,139,000 | 5,619,000 |
| Income tax | 456,000 | 976,000 | 1,504,000 | 2,045,000 |
| Net income | 827,000 | 1,723,000 | 2,635,000 | 3,574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,550,000 | 31,155,000 | 32,067,000 | 32,709,000 |
| Total capital | 33,218,000 | 33,876,000 | 34,789,000 | 35,489,000 |
| Risk-weighted assets | 249,835,000 | 259,595,000 | 259,078,000 | 268,691,000 |