Call reports 2017
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2017
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 100,072,000 | 103,785,000 | 104,490,000 | 104,569,000 |
| Total loans | 63,930,000 | 69,588,000 | 71,576,000 | 69,918,000 |
| Allowance for loan losses | 510,000 | 495,000 | 512,000 | 711,000 |
| Securities available for sale | 14,528,000 | 16,478,000 | 15,844,000 | 15,097,000 |
| Securities held to maturity | 6,170,000 | 8,381,000 | 8,533,000 | 9,086,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,720,000 | 87,071,000 | 86,170,000 | 90,414,000 |
| Interest-bearing deposits | 72,854,000 | 68,955,000 | 69,685,000 | 73,073,000 |
| Noninterest-bearing deposits | 16,866,000 | 18,117,000 | 16,485,000 | 17,341,000 |
| Equity capital | 10,265,000 | 10,712,000 | 10,827,000 | 10,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 954,000 | 2,007,000 | 3,050,000 | 4,090,000 |
| Interest expense | 101,000 | 202,000 | 334,000 | 464,000 |
| Net interest income | 853,000 | 1,805,000 | 2,716,000 | 3,626,000 |
| Noninterest income | 66,000 | 124,000 | 209,000 | 273,000 |
| Noninterest expense | 645,000 | 1,312,000 | 1,963,000 | 2,694,000 |
| Provision for loan losses | 0 | 0 | 0 | 252,000 |
| Pretax income | 261,000 | 591,000 | 920,000 | 896,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 261,000 | 591,000 | 920,000 | 896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,713,000 | 9,049,000 | 9,182,000 | 9,162,000 |
| Total capital | 9,232,000 | 9,553,000 | 9,704,000 | 9,873,000 |
| Risk-weighted assets | 72,825,000 | 80,381,000 | 83,840,000 | 81,057,000 |