Call reports 2020
FARMERS & MERCHANTS STATE BANK, THE — 2020
What FARMERS & MERCHANTS STATE BANK, THE 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 | 1,631,395,000 | 1,760,440,000 | 1,802,050,000 | 1,884,051,000 |
| Total loans | 1,249,794,000 | 1,356,168,000 | 1,371,483,000 | 1,310,730,000 |
| Allowance for loan losses | 8,533,000 | 9,933,000 | 11,883,000 | 13,672,000 |
| Securities available for sale | 186,215,000 | 217,994,000 | 240,724,000 | 289,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,351,730,000 | 1,479,221,000 | 1,521,813,000 | 1,600,554,000 |
| Interest-bearing deposits | 915,124,000 | 1,141,348,000 | 1,188,027,000 | 1,245,015,000 |
| Noninterest-bearing deposits | 436,606,000 | 337,873,000 | 333,786,000 | 355,539,000 |
| Equity capital | 211,689,000 | 213,655,000 | 215,961,000 | 220,357,000 |
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 | 17,343,000 | 34,503,000 | 51,687,000 | 69,719,000 |
| Interest expense | 3,411,000 | 6,109,000 | 8,378,000 | 10,393,000 |
| Net interest income | 13,932,000 | 28,394,000 | 43,309,000 | 59,326,000 |
| Noninterest income | 2,727,000 | 5,692,000 | 10,124,000 | 15,615,000 |
| Noninterest expense | 10,651,000 | 20,750,000 | 32,864,000 | 43,789,000 |
| Provision for loan losses | 1,430,000 | 2,999,000 | 4,986,000 | 6,981,000 |
| Pretax income | 4,838,000 | 10,609,000 | 15,854,000 | 24,413,000 |
| Income tax | 991,000 | 2,178,000 | 3,276,000 | 5,283,000 |
| Net income | 3,847,000 | 8,431,000 | 12,578,000 | 19,130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,385,000 | 158,350,000 | 160,379,000 | 164,322,000 |
| Total capital | 165,388,000 | 168,888,000 | 172,895,000 | 178,635,000 |
| Risk-weighted assets | 1,306,718,000 | 1,424,032,000 | 1,453,023,000 | 1,412,902,000 |