Call reports 2018
FARMERS AND MERCHANTS BANK — 2018
What FARMERS AND 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 | 331,646,000 | 332,896,000 | 334,331,000 | 340,427,000 |
| Total loans | 172,356,000 | 180,881,000 | 191,221,000 | 196,306,000 |
| Allowance for loan losses | 3,279,000 | 3,220,000 | 3,136,000 | 3,244,000 |
| Securities available for sale | 108,845,000 | 113,059,000 | 104,582,000 | 99,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,917,000 | 274,240,000 | 266,274,000 | 273,221,000 |
| Interest-bearing deposits | 239,972,000 | 231,323,000 | 223,916,000 | 229,914,000 |
| Noninterest-bearing deposits | 43,945,000 | 42,917,000 | 42,358,000 | 43,307,000 |
| Equity capital | 43,273,000 | 44,713,000 | 45,493,000 | 45,911,000 |
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 | 3,813,000 | 7,895,000 | 12,144,000 | 16,356,000 |
| Interest expense | 346,000 | 713,000 | 1,158,000 | 1,660,000 |
| Net interest income | 3,467,000 | 7,182,000 | 10,986,000 | 14,696,000 |
| Noninterest income | 1,048,000 | 2,172,000 | 3,583,000 | 4,798,000 |
| Noninterest expense | 3,113,000 | 6,283,000 | 9,508,000 | 13,189,000 |
| Provision for loan losses | 0 | 0 | 0 | 245,000 |
| Pretax income | 1,402,000 | 3,068,000 | 5,061,000 | 5,957,000 |
| Income tax | 153,000 | 352,000 | 838,000 | 852,000 |
| Net income | 1,249,000 | 2,716,000 | 4,223,000 | 5,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,552,000 | 45,043,000 | 46,576,000 | 46,043,000 |
| Total capital | 46,172,000 | 47,819,000 | 49,449,000 | 48,965,000 |
| Risk-weighted assets | 208,987,000 | 221,679,000 | 229,583,000 | 233,480,000 |