Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND 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 | 411,825,000 | 412,653,000 | 412,141,000 | 417,944,000 |
| Total loans | 339,922,000 | 347,871,000 | 344,150,000 | 343,983,000 |
| Allowance for loan losses | 2,502,000 | 2,732,000 | 2,673,000 | 2,509,000 |
| Securities available for sale | 26,210,000 | 24,755,000 | 23,409,000 | 26,592,000 |
| Securities held to maturity | 18,210,000 | 18,215,000 | 18,120,000 | 18,127,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 335,206,000 | 341,714,000 | 350,960,000 | 356,178,000 |
| Interest-bearing deposits | 275,962,000 | 278,703,000 | 290,078,000 | 291,960,000 |
| Noninterest-bearing deposits | 59,244,000 | 63,011,000 | 60,882,000 | 64,218,000 |
| Equity capital | 41,818,000 | 42,158,000 | 43,099,000 | 44,779,000 |
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 | 4,256,000 | 8,640,000 | 13,163,000 | 17,756,000 |
| Interest expense | 536,000 | 1,116,000 | 1,781,000 | 2,507,000 |
| Net interest income | 3,720,000 | 7,524,000 | 11,382,000 | 15,249,000 |
| Noninterest income | 338,000 | 638,000 | 912,000 | 1,371,000 |
| Noninterest expense | 2,900,000 | 5,805,000 | 8,681,000 | 11,415,000 |
| Provision for loan losses | 50,000 | 125,000 | 25,000 | 475,000 |
| Pretax income | 1,109,000 | 2,221,000 | 3,573,000 | 4,719,000 |
| Income tax | 261,000 | 508,000 | 835,000 | 1,104,000 |
| Net income | 848,000 | 1,713,000 | 2,738,000 | 3,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,427,000 | 42,845,000 | 43,870,000 | 45,348,000 |
| Total capital | 44,929,000 | 45,577,000 | 46,543,000 | 47,857,000 |
| Risk-weighted assets | 357,267,000 | 361,499,000 | 357,720,000 | 354,393,000 |