Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND 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 | 460,183,000 | 504,790,000 | 488,682,000 | 678,404,000 |
| Total loans | 362,541,000 | 388,380,000 | 395,906,000 | 526,660,000 |
| Allowance for loan losses | 2,740,000 | 3,136,000 | 3,141,000 | 3,296,000 |
| Securities available for sale | 40,666,000 | 50,596,000 | 39,882,000 | 54,477,000 |
| Securities held to maturity | 19,018,000 | 22,092,000 | 22,603,000 | 23,079,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 391,575,000 | 432,979,000 | 428,070,000 | 575,852,000 |
| Interest-bearing deposits | 330,057,000 | 346,654,000 | 348,510,000 | 472,424,000 |
| Noninterest-bearing deposits | 61,518,000 | 86,325,000 | 79,560,000 | 103,428,000 |
| Equity capital | 49,413,000 | 50,299,000 | 42,428,000 | 67,846,000 |
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 | 4,713,000 | 9,464,000 | 14,286,000 | 20,760,000 |
| Interest expense | 944,000 | 1,829,000 | 2,551,000 | 3,275,000 |
| Net interest income | 3,769,000 | 7,635,000 | 11,735,000 | 17,485,000 |
| Noninterest income | 286,000 | 888,000 | 1,373,000 | 2,046,000 |
| Noninterest expense | 3,222,000 | 6,340,000 | 10,696,000 | 16,625,000 |
| Provision for loan losses | 125,000 | 475,000 | 475,000 | 625,000 |
| Pretax income | 716,000 | 1,721,000 | 1,950,000 | 2,291,000 |
| Income tax | 152,000 | 381,000 | 458,000 | 521,000 |
| Net income | 564,000 | 1,340,000 | 1,492,000 | 1,770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,245,000 | 49,491,000 | 41,643,000 | 60,104,000 |
| Total capital | 51,985,000 | 52,627,000 | 44,784,000 | 63,400,000 |
| Risk-weighted assets | 368,961,000 | 370,049,000 | 371,686,000 | 502,209,000 |