Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 19,119,000 | 19,343,000 | 18,253,000 | 18,962,000 |
| Total loans | 6,398,000 | 6,608,000 | 7,128,000 | 7,387,000 |
| Allowance for loan losses | 59,000 | 59,000 | 79,000 | 79,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,871,000 | 4,767,000 | 2,776,000 | 4,046,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,037,000 | 17,180,000 | 16,029,000 | 16,884,000 |
| Interest-bearing deposits | 9,029,000 | 8,909,000 | 7,887,000 | 8,560,000 |
| Noninterest-bearing deposits | 8,009,000 | 8,271,000 | 8,143,000 | 8,324,000 |
| Equity capital | 2,051,000 | 2,121,000 | 2,194,000 | 2,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 173,000 | 351,000 | 543,000 | 716,000 |
| Interest expense | 26,000 | 56,000 | 86,000 | 111,000 |
| Net interest income | 147,000 | 295,000 | 457,000 | 605,000 |
| Noninterest income | 10,000 | 27,000 | 36,000 | 50,000 |
| Noninterest expense | 104,000 | 199,000 | 277,000 | 487,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 20,000 |
| Pretax income | 53,000 | 123,000 | 196,000 | 148,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 53,000 | 123,000 | 196,000 | 148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,050,000 | 2,120,000 | 2,195,000 | 2,040,000 |
| Total capital | 2,109,000 | 2,179,000 | 2,274,000 | 2,119,000 |
| Risk-weighted assets | 8,553,000 | 8,741,000 | 8,552,000 | 9,095,000 |