Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND 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 | 398,123,000 | 400,569,000 | 397,848,000 | 403,666,000 |
| Total loans | 314,701,000 | 327,007,000 | 323,399,000 | 335,320,000 |
| Allowance for loan losses | 2,414,000 | 2,490,000 | 2,716,000 | 2,459,000 |
| Securities available for sale | 33,234,000 | 31,774,000 | 30,154,000 | 28,434,000 |
| Securities held to maturity | 18,106,000 | 18,748,000 | 18,759,000 | 18,204,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,626,000 | 318,838,000 | 315,062,000 | 321,217,000 |
| Interest-bearing deposits | 256,739,000 | 257,697,000 | 255,119,000 | 256,740,000 |
| Noninterest-bearing deposits | 58,887,000 | 61,141,000 | 59,943,000 | 64,477,000 |
| Equity capital | 39,478,000 | 40,447,000 | 40,674,000 | 41,196,000 |
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 | 3,979,000 | 8,101,000 | 12,329,000 | 16,596,000 |
| Interest expense | 386,000 | 798,000 | 1,241,000 | 1,707,000 |
| Net interest income | 3,593,000 | 7,303,000 | 11,088,000 | 14,889,000 |
| Noninterest income | 298,000 | 816,000 | 1,130,000 | 1,322,000 |
| Noninterest expense | 2,761,000 | 5,606,000 | 8,381,000 | 11,105,000 |
| Provision for loan losses | 50,000 | 125,000 | 350,000 | 410,000 |
| Pretax income | 1,080,000 | 2,388,000 | 3,487,000 | 4,696,000 |
| Income tax | 357,000 | 803,000 | 1,166,000 | 2,002,000 |
| Net income | 723,000 | 1,585,000 | 2,321,000 | 2,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,745,000 | 40,610,000 | 40,846,000 | 41,580,000 |
| Total capital | 42,159,000 | 43,100,000 | 43,562,000 | 44,039,000 |
| Risk-weighted assets | 330,547,000 | 339,544,000 | 342,960,000 | 351,101,000 |