Call reports 2019
FARMERS AND MERCHANTS BANK — 2019
What FARMERS AND MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 347,610,000 | 339,938,000 | 342,200,000 | 347,026,000 |
| Total loans | 196,830,000 | 201,206,000 | 196,614,000 | 196,585,000 |
| Allowance for loan losses | 3,185,000 | 3,095,000 | 2,964,000 | 2,968,000 |
| Securities available for sale | 100,798,000 | 100,767,000 | 101,208,000 | 101,374,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,904,000 | 274,601,000 | 282,233,000 | 289,798,000 |
| Interest-bearing deposits | 246,353,000 | 231,784,000 | 237,600,000 | 245,904,000 |
| Noninterest-bearing deposits | 42,551,000 | 42,817,000 | 44,633,000 | 43,894,000 |
| Equity capital | 49,031,000 | 52,153,000 | 54,214,000 | 52,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,285,000 | 8,679,000 | 13,115,000 | 17,495,000 |
| Interest expense | 579,000 | 1,237,000 | 1,856,000 | 2,479,000 |
| Net interest income | 3,706,000 | 7,442,000 | 11,259,000 | 15,016,000 |
| Noninterest income | 1,321,000 | 2,619,000 | 3,939,000 | 5,341,000 |
| Noninterest expense | 2,651,000 | 5,946,000 | 9,252,000 | 13,235,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,376,000 | 4,115,000 | 6,005,000 | 7,247,000 |
| Income tax | 216,000 | 711,000 | 1,110,000 | 1,270,000 |
| Net income | 2,160,000 | 3,404,000 | 4,895,000 | 5,977,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,227,000 | 49,495,000 | 51,009,000 | 50,387,000 |
| Total capital | 51,185,000 | 52,258,000 | 53,744,000 | 53,138,000 |
| Risk-weighted assets | 236,483,000 | 220,749,000 | 218,596,000 | 219,931,000 |