Call reports 2016
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2016
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 96,906,000 | 95,436,000 | 97,508,000 | 96,568,000 |
| Total loans | 68,800,000 | 73,737,000 | 75,837,000 | 69,578,000 |
| Allowance for loan losses | 302,000 | 351,000 | 467,000 | 510,000 |
| Securities available for sale | 7,355,000 | 6,898,000 | 6,580,000 | 11,512,000 |
| Securities held to maturity | 4,482,000 | 4,795,000 | 4,794,000 | 5,554,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,615,000 | 83,414,000 | 81,026,000 | 86,215,000 |
| Interest-bearing deposits | 70,929,000 | 67,655,000 | 65,739,000 | 68,578,000 |
| Noninterest-bearing deposits | 15,685,000 | 15,759,000 | 15,287,000 | 17,637,000 |
| Equity capital | 10,208,000 | 10,233,000 | 10,398,000 | 10,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 986,000 | 1,958,000 | 2,991,000 | 3,932,000 |
| Interest expense | 91,000 | 184,000 | 287,000 | 380,000 |
| Net interest income | 895,000 | 1,774,000 | 2,704,000 | 3,552,000 |
| Noninterest income | 69,000 | 131,000 | 196,000 | 262,000 |
| Noninterest expense | 653,000 | 1,310,000 | 1,923,000 | 2,608,000 |
| Provision for loan losses | 0 | 75,000 | 150,000 | 175,000 |
| Pretax income | 417,000 | 618,000 | 917,000 | 1,109,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 417,000 | 618,000 | 917,000 | 1,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,551,000 | 8,523,000 | 8,667,000 | 8,861,000 |
| Total capital | 8,853,000 | 8,879,000 | 9,140,000 | 9,380,000 |
| Risk-weighted assets | 80,908,000 | 81,794,000 | 83,298,000 | 79,491,000 |