Call reports 2015
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2015
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 98,882,000 | 103,346,000 | 103,306,000 | 100,998,000 |
| Total loans | 67,190,000 | 74,389,000 | 76,265,000 | 73,935,000 |
| Allowance for loan losses | 306,000 | 329,000 | 378,000 | 296,000 |
| Securities available for sale | 11,677,000 | 11,041,000 | 9,930,000 | 9,448,000 |
| Securities held to maturity | 4,957,000 | 5,002,000 | 4,585,000 | 4,584,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,004,000 | 85,497,000 | 83,307,000 | 86,953,000 |
| Interest-bearing deposits | 69,478,000 | 67,551,000 | 65,831,000 | 67,918,000 |
| Noninterest-bearing deposits | 17,526,000 | 17,946,000 | 17,476,000 | 19,035,000 |
| Equity capital | 11,762,000 | 11,631,000 | 11,999,000 | 12,149,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 938,000 | 1,901,000 | 2,997,000 | 4,033,000 |
| Interest expense | 110,000 | 222,000 | 339,000 | 441,000 |
| Net interest income | 828,000 | 1,679,000 | 2,658,000 | 3,592,000 |
| Noninterest income | 69,000 | 133,000 | 199,000 | 277,000 |
| Noninterest expense | 666,000 | 1,346,000 | 2,013,000 | 2,678,000 |
| Provision for loan losses | 50,000 | 50,000 | 100,000 | 111,000 |
| Pretax income | 173,000 | 397,000 | 715,000 | 1,043,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 173,000 | 397,000 | 715,000 | 1,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,845,000 | 9,876,000 | 10,200,000 | 10,434,000 |
| Total capital | 10,151,000 | 10,205,000 | 10,578,000 | 10,730,000 |
| Risk-weighted assets | 84,714,000 | 84,770,000 | 89,578,000 | 84,342,000 |