Call reports 2020
FARMERS AND MERCHANTS BANK — 2020
What FARMERS AND MERCHANTS BANK 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 | 19,737,000 | 19,477,000 | 19,809,000 | 21,112,000 |
| Total loans | 7,048,000 | 6,787,000 | 7,324,000 | 6,864,000 |
| Allowance for loan losses | 79,000 | 79,000 | 76,000 | 76,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,848,000 | 3,739,000 | 3,472,000 | 3,858,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,625,000 | 17,334,000 | 17,635,000 | 18,996,000 |
| Interest-bearing deposits | 8,887,000 | 8,702,000 | 9,058,000 | 8,793,000 |
| Noninterest-bearing deposits | 8,738,000 | 8,632,000 | 8,576,000 | 10,203,000 |
| Equity capital | 2,073,000 | 2,103,000 | 2,138,000 | 2,080,000 |
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 | 166,000 | 313,000 | 459,000 | 600,000 |
| Interest expense | 25,000 | 48,000 | 66,000 | 83,000 |
| Net interest income | 141,000 | 265,000 | 393,000 | 517,000 |
| Noninterest income | 10,000 | 19,000 | 30,000 | 40,000 |
| Noninterest expense | 119,000 | 222,000 | 324,000 | 457,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 32,000 | 62,000 | 99,000 | 100,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 32,000 | 62,000 | 99,000 | 100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,073,000 | 2,103,000 | 2,138,000 | 2,080,000 |
| Total capital | 2,152,000 | — | — | — |
| Risk-weighted assets | 9,583,000 | — | — | — |