Call reports 2020
FARMERS & MERCHANTS BANK — 2020
What FARMERS & 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 | 234,479,000 | 259,221,000 | 261,514,000 | 279,585,000 |
| Total loans | 130,360,000 | 143,128,000 | 145,053,000 | 141,785,000 |
| Allowance for loan losses | 1,478,000 | 1,572,000 | 1,581,000 | 1,951,000 |
| Securities available for sale | 72,112,000 | 76,576,000 | 77,036,000 | 83,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,935,000 | 223,213,000 | 224,938,000 | 242,944,000 |
| Interest-bearing deposits | 148,154,000 | 156,027,000 | 153,986,000 | 172,402,000 |
| Noninterest-bearing deposits | 52,781,000 | 67,186,000 | 70,952,000 | 70,542,000 |
| Equity capital | 31,539,000 | 33,957,000 | 34,458,000 | 34,741,000 |
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 | 2,455,000 | 4,860,000 | 7,267,000 | 9,745,000 |
| Interest expense | 210,000 | 417,000 | 625,000 | 830,000 |
| Net interest income | 2,245,000 | 4,443,000 | 6,642,000 | 8,915,000 |
| Noninterest income | 372,000 | 707,000 | 1,090,000 | 1,444,000 |
| Noninterest expense | 1,838,000 | 3,773,000 | 5,662,000 | 7,551,000 |
| Provision for loan losses | 75,000 | 176,000 | 314,000 | 704,000 |
| Pretax income | 704,000 | 1,201,000 | 1,825,000 | 2,173,000 |
| Income tax | 106,000 | 198,000 | 347,000 | 356,000 |
| Net income | 598,000 | 1,003,000 | 1,478,000 | 1,817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,805,000 | 32,060,000 | 32,385,000 | 32,573,000 |
| Total capital | 33,283,000 | 33,632,000 | 33,966,000 | 34,524,000 |
| Risk-weighted assets | 162,331,000 | 177,709,000 | 178,293,000 | 191,579,000 |