Call reports 2018
FARMERS AND MECHANICS BANK, THE — 2018
What FARMERS AND MECHANICS BANK, THE 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 | 350,568,000 | 378,849,000 | 365,978,000 | 373,415,000 |
| Total loans | 206,061,000 | 213,137,000 | 228,688,000 | 236,005,000 |
| Allowance for loan losses | 2,188,000 | 2,280,000 | 2,267,000 | 2,313,000 |
| Securities available for sale | 109,664,000 | 113,022,000 | 100,271,000 | 98,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,884,000 | 310,216,000 | 301,177,000 | 291,595,000 |
| Interest-bearing deposits | 255,368,000 | 267,263,000 | 257,593,000 | 244,324,000 |
| Noninterest-bearing deposits | 43,516,000 | 42,953,000 | 43,584,000 | 47,271,000 |
| Equity capital | 44,949,000 | 45,454,000 | 46,009,000 | 47,801,000 |
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 | 2,907,000 | 5,923,000 | 9,179,000 | 12,476,000 |
| Interest expense | 309,000 | 676,000 | 1,175,000 | 1,743,000 |
| Net interest income | 2,598,000 | 5,247,000 | 8,004,000 | 10,733,000 |
| Noninterest income | 1,274,000 | 2,526,000 | 3,831,000 | 5,176,000 |
| Noninterest expense | 2,719,000 | 5,284,000 | 7,995,000 | 10,683,000 |
| Provision for loan losses | 101,000 | 201,000 | 327,000 | 502,000 |
| Pretax income | 1,052,000 | 2,288,000 | 3,516,000 | 4,727,000 |
| Income tax | 224,000 | 502,000 | 784,000 | 1,068,000 |
| Net income | 828,000 | 1,786,000 | 2,732,000 | 3,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,082,000 | 37,708,000 | 38,679,000 | 39,583,000 |
| Total capital | 39,270,000 | 39,988,000 | 40,946,000 | 41,896,000 |
| Risk-weighted assets | 226,213,000 | 235,566,000 | 246,151,000 | 253,721,000 |