Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK 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 | 18,496,000 | 18,789,000 | 19,337,000 | 19,093,000 |
| Total loans | 6,112,000 | 5,949,000 | 6,443,000 | 6,601,000 |
| Allowance for loan losses | 50,000 | 59,000 | 59,000 | 59,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,783,000 | 5,767,000 | 5,490,000 | 5,488,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,539,000 | 16,774,000 | 17,279,000 | 17,120,000 |
| Interest-bearing deposits | 9,408,000 | 8,925,000 | 9,472,000 | 9,177,000 |
| Noninterest-bearing deposits | 7,131,000 | 7,849,000 | 7,807,000 | 7,943,000 |
| Equity capital | 1,941,000 | 1,999,000 | 2,044,000 | 1,953,000 |
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 | 123,000 | 258,000 | 406,000 | 557,000 |
| Interest expense | 10,000 | 19,000 | 31,000 | 45,000 |
| Net interest income | 113,000 | 239,000 | 375,000 | 512,000 |
| Noninterest income | 9,000 | 21,000 | 25,000 | 39,000 |
| Noninterest expense | 99,000 | 180,000 | 274,000 | 456,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 23,000 | 80,000 | 126,000 | 95,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 23,000 | 80,000 | 126,000 | 95,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,941,000 | 1,999,000 | 2,044,000 | 1,953,000 |
| Total capital | 1,991,000 | 2,058,000 | 2,103,000 | 2,012,000 |
| Risk-weighted assets | 8,711,000 | 8,696,000 | 9,019,000 | 9,040,000 |