Call reports 2018
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2018
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 105,325,000 | 106,899,000 | 108,849,000 | 105,506,000 |
| Total loans | 64,384,000 | 68,677,000 | 71,288,000 | 67,611,000 |
| Allowance for loan losses | 681,000 | 690,000 | 692,000 | 630,000 |
| Securities available for sale | 19,382,000 | 20,861,000 | 20,514,000 | 20,171,000 |
| Securities held to maturity | 9,599,000 | 10,068,000 | 9,722,000 | 9,378,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,743,000 | 89,111,000 | 87,259,000 | 88,890,000 |
| Interest-bearing deposits | 77,003,000 | 70,448,000 | 70,274,000 | 69,142,000 |
| Noninterest-bearing deposits | 17,740,000 | 18,663,000 | 16,985,000 | 19,748,000 |
| Equity capital | 10,486,000 | 10,674,000 | 10,779,000 | 10,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,015,000 | 2,068,000 | 3,200,000 | 4,327,000 |
| Interest expense | 117,000 | 241,000 | 428,000 | 635,000 |
| Net interest income | 898,000 | 1,827,000 | 2,772,000 | 3,692,000 |
| Noninterest income | 109,000 | 172,000 | 243,000 | 311,000 |
| Noninterest expense | 695,000 | 1,389,000 | 2,083,000 | 2,802,000 |
| Provision for loan losses | -40,000 | -40,000 | -40,000 | -40,000 |
| Pretax income | 341,000 | 627,000 | 936,000 | 1,194,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 341,000 | 627,000 | 936,000 | 1,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,297,000 | 9,589,000 | 9,902,000 | 9,861,000 |
| Total capital | 9,978,000 | 10,294,000 | 10,606,000 | 10,501,000 |
| Risk-weighted assets | 79,964,000 | 80,827,000 | 88,927,000 | 81,697,000 |