Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND 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 | 429,002,000 | 436,697,000 | 434,483,000 | 443,098,000 |
| Total loans | 338,089,000 | 343,695,000 | 340,834,000 | 362,218,000 |
| Allowance for loan losses | 2,529,000 | 2,551,000 | 2,546,000 | 2,593,000 |
| Securities available for sale | 30,602,000 | 36,099,000 | 40,101,000 | 36,532,000 |
| Securities held to maturity | 18,066,000 | 19,411,000 | 19,510,000 | 19,510,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,666,000 | 373,643,000 | 373,671,000 | 378,422,000 |
| Interest-bearing deposits | 305,863,000 | 312,029,000 | 314,762,000 | 317,398,000 |
| Noninterest-bearing deposits | 60,803,000 | 61,614,000 | 58,909,000 | 61,024,000 |
| Equity capital | 45,816,000 | 46,592,000 | 47,659,000 | 48,724,000 |
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 | 4,545,000 | 9,202,000 | 13,920,000 | 18,694,000 |
| Interest expense | 821,000 | 1,746,000 | 2,703,000 | 3,680,000 |
| Net interest income | 3,724,000 | 7,456,000 | 11,217,000 | 15,014,000 |
| Noninterest income | 382,000 | 696,000 | 1,083,000 | 1,466,000 |
| Noninterest expense | 3,019,000 | 5,892,000 | 8,765,000 | 11,810,000 |
| Provision for loan losses | 13,000 | 13,000 | 0 | 40,000 |
| Pretax income | 1,082,000 | 2,262,000 | 3,554,000 | 4,646,000 |
| Income tax | 253,000 | 474,000 | 781,000 | 1,034,000 |
| Net income | 829,000 | 1,788,000 | 2,773,000 | 3,612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,086,000 | 46,547,000 | 47,532,000 | 48,681,000 |
| Total capital | 48,615,000 | 49,098,000 | 50,078,000 | 51,274,000 |
| Risk-weighted assets | 352,586,000 | 352,820,000 | 348,478,000 | 369,284,000 |