Call reports 2018
MERCHANTS AND FARMERS BANK — 2018
What MERCHANTS AND FARMERS BANK 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 | 129,835,000 | 136,802,000 | 152,403,000 | 139,720,000 |
| Total loans | 101,847,000 | 109,974,000 | 118,735,000 | 106,413,000 |
| Allowance for loan losses | 1,517,000 | 1,569,000 | 1,612,000 | 1,655,000 |
| Securities available for sale | 13,790,000 | 12,157,000 | 9,917,000 | 10,127,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,869,000 | 118,564,000 | 115,687,000 | 125,557,000 |
| Interest-bearing deposits | 91,811,000 | 96,793,000 | 94,979,000 | 100,850,000 |
| Noninterest-bearing deposits | 24,058,000 | 21,771,000 | 20,708,000 | 24,707,000 |
| Equity capital | 13,022,000 | 13,286,000 | 13,686,000 | 13,211,000 |
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 | 1,441,000 | 2,977,000 | 4,719,000 | 6,454,000 |
| Interest expense | 129,000 | 309,000 | 559,000 | 863,000 |
| Net interest income | 1,312,000 | 2,668,000 | 4,160,000 | 5,591,000 |
| Noninterest income | 252,000 | 470,000 | 700,000 | 989,000 |
| Noninterest expense | 1,118,000 | 2,313,000 | 3,437,000 | 4,705,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 386,000 | 705,000 | 1,243,000 | 1,635,000 |
| Income tax | 78,000 | 143,000 | 260,000 | 395,000 |
| Net income | 308,000 | 562,000 | 983,000 | 1,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,103,000 | 13,356,000 | 13,778,000 | 13,285,000 |
| Total capital | 14,534,000 | 14,859,000 | 15,390,000 | 14,747,000 |
| Risk-weighted assets | 114,429,000 | 120,202,000 | 129,384,000 | 116,794,000 |