Call reports 2017
FARMERS AND MERCHANTS BANK — 2017
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 315,488,000 | 311,917,000 | 316,135,000 | 316,496,000 |
| Total loans | 163,374,000 | 166,822,000 | 170,182,000 | 170,351,000 |
| Allowance for loan losses | 3,574,000 | 3,489,000 | 3,388,000 | 3,278,000 |
| Securities available for sale | 101,193,000 | 103,575,000 | 102,433,000 | 106,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,866,000 | 263,338,000 | 266,249,000 | 264,568,000 |
| Interest-bearing deposits | 228,876,000 | 222,644,000 | 223,293,000 | 222,709,000 |
| Noninterest-bearing deposits | 39,990,000 | 40,694,000 | 42,956,000 | 41,859,000 |
| Equity capital | 42,163,000 | 43,730,000 | 44,732,000 | 42,912,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,432,000 | 6,993,000 | 10,702,000 | 14,458,000 |
| Interest expense | 296,000 | 601,000 | 913,000 | 1,233,000 |
| Net interest income | 3,136,000 | 6,392,000 | 9,789,000 | 13,225,000 |
| Noninterest income | 990,000 | 1,960,000 | 3,072,000 | 4,369,000 |
| Noninterest expense | 2,858,000 | 5,758,000 | 8,737,000 | 12,554,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,268,000 | 2,596,000 | 4,128,000 | 4,895,000 |
| Income tax | 233,000 | 591,000 | 973,000 | 1,595,000 |
| Net income | 1,035,000 | 2,005,000 | 3,155,000 | 3,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,242,000 | 42,234,000 | 43,408,000 | 42,281,000 |
| Total capital | 43,682,000 | 44,766,000 | 45,948,000 | 44,823,000 |
| Risk-weighted assets | 194,096,000 | 201,641,000 | 202,376,000 | 202,678,000 |