Call reports 2018
FARMERS & MERCHANTS BANK — 2018
What FARMERS & 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 | 209,413,000 | 215,018,000 | 217,841,000 | 223,830,000 |
| Total loans | 108,987,000 | 112,248,000 | 116,472,000 | 120,447,000 |
| Allowance for loan losses | 1,208,000 | 1,227,000 | 1,257,000 | 1,363,000 |
| Securities available for sale | 69,749,000 | 68,620,000 | 66,824,000 | 70,078,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,197,000 | 185,487,000 | 187,897,000 | 193,193,000 |
| Interest-bearing deposits | 135,408,000 | 138,759,000 | 137,595,000 | 147,320,000 |
| Noninterest-bearing deposits | 44,789,000 | 46,728,000 | 50,302,000 | 45,873,000 |
| Equity capital | 27,324,000 | 27,476,000 | 27,517,000 | 28,335,000 |
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 | 2,042,000 | 4,136,000 | 6,324,000 | 8,648,000 |
| Interest expense | 118,000 | 245,000 | 382,000 | 532,000 |
| Net interest income | 1,924,000 | 3,891,000 | 5,942,000 | 8,116,000 |
| Noninterest income | 355,000 | 711,000 | 1,092,000 | 1,384,000 |
| Noninterest expense | 1,721,000 | 3,489,000 | 5,309,000 | 7,116,000 |
| Provision for loan losses | 10,000 | 30,000 | 60,000 | 180,000 |
| Pretax income | 546,000 | 1,084,000 | 1,666,000 | 2,205,000 |
| Income tax | 82,000 | 193,000 | 311,000 | 354,000 |
| Net income | 464,000 | 891,000 | 1,355,000 | 1,851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,657,000 | 28,959,000 | 29,298,000 | 29,669,000 |
| Total capital | 29,865,000 | 30,186,000 | 30,555,000 | 31,032,000 |
| Risk-weighted assets | 139,701,000 | 140,424,000 | 141,973,000 | 147,354,000 |