Call reports 2020
FARMERS & MERCHANTS BANK — 2020
What FARMERS & 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 | 189,453,000 | 202,394,000 | 207,407,000 | 231,012,000 |
| Total loans | 93,556,000 | 90,828,000 | 90,540,000 | 83,471,000 |
| Allowance for loan losses | 2,157,000 | 2,363,000 | 2,119,000 | 2,101,000 |
| Securities available for sale | 64,794,000 | 62,121,000 | 57,109,000 | 57,129,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,896,000 | 173,350,000 | 177,594,000 | 202,749,000 |
| Interest-bearing deposits | 114,163,000 | 119,934,000 | 122,749,000 | 143,413,000 |
| Noninterest-bearing deposits | 47,733,000 | 53,416,000 | 54,845,000 | 59,336,000 |
| Equity capital | 26,478,000 | 27,701,000 | 28,217,000 | 27,498,000 |
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 | 1,695,000 | 3,462,000 | 4,946,000 | 6,175,000 |
| Interest expense | 219,000 | 410,000 | 580,000 | 773,000 |
| Net interest income | 1,476,000 | 3,052,000 | 4,366,000 | 5,402,000 |
| Noninterest income | 142,000 | 409,000 | 536,000 | 798,000 |
| Noninterest expense | 1,315,000 | 2,648,000 | 3,967,000 | 5,101,000 |
| Provision for loan losses | 0 | 0 | -346,000 | -346,000 |
| Pretax income | 303,000 | 813,000 | 1,281,000 | 1,445,000 |
| Income tax | 78,000 | 212,000 | 330,000 | 378,000 |
| Net income | 225,000 | 601,000 | 951,000 | 1,067,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,840,000 | 27,215,000 | 27,566,000 | 26,858,000 |
| Total capital | 28,269,000 | 28,598,000 | 28,929,000 | 28,123,000 |
| Risk-weighted assets | 113,644,000 | 109,729,000 | 108,304,000 | 100,439,000 |