Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND MERCHANTS 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 | 19,631,000 | 19,155,000 | 18,589,000 | 19,683,000 |
| Total loans | 6,226,000 | 6,129,000 | 5,879,000 | 6,142,000 |
| Allowance for loan losses | 59,000 | 59,000 | 59,000 | 59,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,220,000 | 5,348,000 | 4,868,000 | 4,870,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,609,000 | 17,047,000 | 16,422,000 | 17,654,000 |
| Interest-bearing deposits | 8,996,000 | 9,531,000 | 8,206,000 | 9,181,000 |
| Noninterest-bearing deposits | 8,613,000 | 7,516,000 | 8,216,000 | 8,473,000 |
| Equity capital | 2,001,000 | 2,080,000 | 2,147,000 | 1,998,000 |
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 | 156,000 | 311,000 | 468,000 | 648,000 |
| Interest expense | 14,000 | 29,000 | 48,000 | 73,000 |
| Net interest income | 142,000 | 282,000 | 420,000 | 575,000 |
| Noninterest income | 9,000 | 29,000 | 43,000 | 54,000 |
| Noninterest expense | 103,000 | 184,000 | 269,000 | 480,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 48,000 | 127,000 | 194,000 | 149,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 48,000 | 127,000 | 194,000 | 149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,001,000 | 2,080,000 | 2,147,000 | 1,998,000 |
| Total capital | 2,060,000 | 2,139,000 | 2,206,000 | 2,057,000 |
| Risk-weighted assets | 8,710,000 | 8,459,000 | 8,040,000 | 8,569,000 |