Call reports 2020
FARMERS & MERCHANTS BANK OF NORTH DAKOTA — 2020
What FARMERS & MERCHANTS BANK OF NORTH DAKOTA 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 | 102,756,000 | 108,977,000 | 110,535,000 | 115,426,000 |
| Total loans | 63,841,000 | 68,361,000 | 64,539,000 | 59,244,000 |
| Allowance for loan losses | 697,000 | 426,000 | 426,000 | 430,000 |
| Securities available for sale | 18,344,000 | 19,008,000 | 22,856,000 | 30,026,000 |
| Securities held to maturity | 8,645,000 | 8,874,000 | 8,187,000 | 8,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,928,000 | 95,640,000 | 97,530,000 | 102,295,000 |
| Interest-bearing deposits | 72,312,000 | 76,518,000 | 77,540,000 | 81,988,000 |
| Noninterest-bearing deposits | 17,616,000 | 19,121,000 | 19,990,000 | 20,308,000 |
| Equity capital | 12,672,000 | 13,151,000 | 12,860,000 | 12,965,000 |
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 | 1,086,000 | 2,128,000 | 3,167,000 | 4,135,000 |
| Interest expense | 203,000 | 389,000 | 562,000 | 726,000 |
| Net interest income | 883,000 | 1,739,000 | 2,605,000 | 3,409,000 |
| Noninterest income | 95,000 | 242,000 | 289,000 | 342,000 |
| Noninterest expense | 723,000 | 1,406,000 | 2,104,000 | 2,806,000 |
| Provision for loan losses | 0 | -248,000 | -248,000 | -248,000 |
| Pretax income | 242,000 | 813,000 | 1,000,000 | 1,115,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 242,000 | 813,000 | 1,000,000 | 1,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,434,000 | 11,006,000 | 10,795,000 | 10,912,000 |
| Total capital | 11,140,000 | 11,432,000 | 11,221,000 | 11,342,000 |
| Risk-weighted assets | 77,600,000 | 78,334,000 | 74,384,000 | 73,280,000 |